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GST REVENUE LOSS
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...- GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
- Hospital expansion cycle to keep margins rangebound, but 18 per cent revenue growth trend likely to sustain: Kotak SecuritiesIndian hospitals are set for strong revenue growth. Brokerage firm Kotak Securities predicts double-digit gains. EBITDA margins are expecte...
- Corporate India posts 25% profit surge in Q4 FY26, but rising costs squeeze marginsCorporate India's March quarter net profit surged 25.3%, driven by non-operating factors, masking operating challenges like rising input co...
- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- High Court says no to 'coercive action' against IndiGoThe Delhi High Court has stopped the GST department from taking action against IndiGo's parent company. This is regarding a ₹458 crore GST ...
- Delhi cuts VAT on aviation turbine fuel to 7% from 25%The Delhi government has significantly cut the Value Added Tax on Aviation Turbine Fuel. The tax on ATF will now be 7 percent, down from 25...
- Gold jewellery to get costlier: Here's how much more you need to pay on your next purchaseIndia has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on res...
- Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
- Top private hospitals may drop out of government health plansPrivate hospitals in India are feeling the pinch as government health schemes yield diminishing returns. This downturn provokes a critical ...
- Meesho receives Rs 14.29 crore GST notice for non-collection of TCSValue commerce platform Meesho is contesting a Rs 14.29 crore tax demand. The Goods and Services Tax Appellate Tribunal issued the demand f...
- Maruti Suzuki revenue tops Rs 50,000 crore, net profit slipsThe country’s largest carmaker’s March quarter net sales rose 29% to Rs 50,078.70 crore from Rs 38,839.1 crore in the year-ago period. Its ...
- States should get compensation for GST revenue loss; eco growth should benefit all: Kerala FM BalagopalKerala Finance Minister KN Balagopal voiced concerns over potential revenue losses for states due to GST rate rationalization, estimating a...
- Kerala to see Rs 8,000-10,000 cr annual revenue loss due to GST rate rationalisation: FM BalagopalKerala anticipates an annual revenue loss of Rs 8,000 to Rs 10,000 crore due to GST rate cuts, according to Finance Minister K N Balagopal....
- The art of consensus: How a divided India came together for GSTThe GST Council is meeting to discuss potential rate changes, including a two-slab structure and a luxury item tax. States are seeking reve...
- GST Council meet to discuss rate rationalisation on September 9, final decision later: FMFinance Minister Nirmala Sitharaman announced that the upcoming GST council meeting will address the rationalisation of tax rates, includin...
- Centre may prepay market loans taken to compensate states for GST revenue loss during Covid yearsThe compensation cess was initially brought in for five years to make up the revenue shortfall of states, following the implementation of t...
- Centre committed to compensate states for 5 yrs for revenue loss due to GST roll out: FM Nirmala SitharamanGST, which subsumed indirect taxes like excise duty, service tax and VAT, was rolled out from July 1, 2017. The five year period for compen...
- Andhra Pradesh to introduce web-based financial management systemThe system would also provide regular information to the Reserve Bank of India (RBI) on the flow of funds in the Andhra Pradesh government.
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