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GST STATE BARRIERS
Right to trauma care of citizens integral part of right to life, Supreme Court saysThe Supreme Court has asked all states and Union Territories to launch a unified helpline, 112, for emergency responses. A functional syste...
Businesses can digitally record 'goods delivered' on e-way bill portal: GSTNGST registered businesses can now digitally close e-way bills upon delivery completion. This new voluntary feature on the GST portal streng...
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
Private investors need consumer demandIndia's government notes a persistent lack of private investment. Companies hold large cash reserves instead of expanding production. Weak ...
Mature hands for money: India’s next economic reform lies in building financially aware householdsIndia has achieved significant financial inclusion, opening millions of bank accounts and expanding digital payments. However, a new study ...
EY, FICCI urge govt to reduce GST rate to 9% on hotel rooms priced above Rs 7,500 per nightA joint report by EY and FICCI suggests lowering the GST on luxury hotel rooms to 9%. This move aims to make India a more competitive touri...
India EV Boom 2026: Electric cars race ahead – until price, policy and reality hit the brakesIndia’s electric vehicle (EV) market 2026: India's electric vehicle sales are surging, driven by new models and growing acceptance. However...
World Bank raises India’s FY27 growth forecast to 6.6%India's economic growth forecast for FY27 is now 6.6 percent. This is an upgrade from previous projections. Strong domestic demand and expo...
India moved to fewer GST slabs, but 'not yet' ready for one rate: FM Nirmala SitharamanNirmala Sitharaman said India is not ready for a single GST rate. The government has rationalized GST slabs. The current four-rate structur...
GST led to improved efficiency, moderated retail inflation: CII surveyAccording to a CII report on the transition to the Goods and Services Tax (GST), its implementation led to increased efficiency for busines...
GST: Truck movement picks up pace as border check post starts disappearingMany producers and transport operators are reporting logistics efficiency gains after states abolished border checkposts in the wake of GST.
GST to make exports more competitive, says Nirmala SitharamanLast year, India dragged the US to the WTO's dispute settlement body against its decision to impose high fees on temporary working visas.
Goa becomes 15th state to ratify GST BillDuring a day-long session of the assembly convened today, all the members of the House unanimously passed the resolution ratifying the GST.
What is GST and how will it affect the common manGoods and Services Tax (GST) is an indirect tax reform which aims to remove tax barriers between states and create a single market.
GST Bill in Parliament soon, broad consensus among states: FM Arun JaitleyGST may add 1-2% to GDP by creating national market for goods & removing distortions caused by multiple indirect taxes levied by the Centre...
Interstate trade facilitation to enhance growth prospects: UBSAccording to the report, the size and potential growth of India's domestic market should be a boon for Indian and international producers.
Government plans to create unified national marketAn authority will be set up to help break down state, district boundaries for the seamless delivery of goods and services across the countr...
Centre and states should show more flexibility for GSTThe biggest worry for states is over the compensation for losses arising due to the transition to goods and services tax.
Implementing GST to benefit food processing industry: Sharad PawarSharad Pawar said the processed food industry is facing problems due to the existing tax regime and hoped the implementation of the propose...
Carving-out GST exemptions will break up input tax credit chainGST will see revenues grow faster: the incentive to pay tax is built in because only then will a manufacturer be able to claim credit for t...