GST notice: CM resolves crisis; offers to forego tax arrears if merchants get GST registrationSatisfied with the assurance, various associations of small traders called off a statewide bandh planned for July 25. The CM told the offic...
Akhilesh Yadav targets Centre over 'unpaid' DA arrears to government employeesAkhilesh Yadav asked the government where is the money from the ever-increasing 'GST collection' going. "Does the government's claim of bec...
How to boost goods and services tax revenue in the post-compensation eraAccording to a 2021 RBI study of state finances (bit.ly/3NpgRZ5), the average growth rate in collection from subsumed taxes during the thre...
Bill giving relief to COVID-19-hit industries, traders passed in Maharashtra AssemblySpeaking in the Assembly, Deputy Chief Minister Ajit Pawar, who also holds the finance portfolio, said the government will completely waive...
Borrow more to stimulate demand, revive economy: P Chidambaram to governmentAs part of his measures to revive the economy, he sought transferring cash to the poorest 50 per cent of families, offering them foodgrains...
28 states cleared to borrow up to Rs 3.2L croreIn a letter dated March 23, the finance ministry asked the Reserve Bank of India to make the necessary arrangements in consultation with th...
Punjab CM writes for early release of GST arrearsA similar letter was also sent to Union Home Minister Amit Shah, with the Chief Minister stressing that “early action on these issues will ...
Covid-19 battle: Cash-strapped states send SOS to centreStates urgently petition Centre, seek for help to cope with the outbreak.
Telangana nets Rs 36,000 crore revenue through GST, 4% of India's revenueTelangana notched up a high Rs 36,212 cr gst revenue in 2018-19 financial year, accruing 4% of overall GST revenues in the country.
Mills selling sugar below MSP under govt glareSome mills are found selling sugar either below MSP or at MSP inclusive of GST to liquidate their stock.
Act against sugar mills selling sugar below MSP: Food ministryIn a communication to all the principal secretaries of sugar-producing states, the ministry said mills must follow the Sugar Price (Control...
Panel shuns sugar cess proposal to clear sugarcane duesThe GST Council-appointed GoM could look at the option of 1% agri cess on luxury goods that could be levied to deal with problems faced by ...
GoM moots cess on sugar, subsidy for cane farmersPaswan added that it was not necessary all suggestions will be implemented, and that another round of meetings could take place.
Fertiliser subsidy arrear drops to Rs 23,000 crore: Ananth KumarThe direct benefit transfer (DBT) for fertiliser subsidy, which is being implemented in some states, will be rolled out across the country ...
Fertiliser subsidy arrear seen at Rs 40,000 crore by next MarchThe government sets the maximum retail price of urea. The difference between the cost of production and the retail price is reimbursed to m...
Parliamentary panel wants Direct Taxes Code to stayThe government should go ahead with the DTC with its good provisions and implement the same within a stipulated deadline along the lines of...
Narendra Modi takes stock of GST, Bill likely in winter sessionThe UPA government in 2011 introduced a Constitution Amendment Bill in the Lok Sabha to pave the way for introduction of GST.