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GST SYSTEM ANNIVERSARY
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...- GST landmark reform that reshaped India's economic landscape: PM ModiPrime Minister Narendra Modi hails Goods and Services Tax as a landmark reform on its eighth anniversary. He says it boosted ease of doing ...
- Gross GST collections double in five years to hit record ₹22.08 lakh crore in FY25India's Goods and Services Tax (GST) collections have doubled in the past five years, reaching a record ₹22.08 lakh crore in FY25, a 9.4% y...
- Flour, TV, refrigerator, LPG become cheaper: PM Modi says GST resulted in 'significant savings' for poor, common manPrime Minister Narendra Modi lauded the impact of Goods and Services Tax (GST) during its seven-year tenure, highlighting its role in impro...
- Reduce GST slabs, hike exemption threshold for firms with up to Rs 1.5 cr turnover: GTRIThe Global Trade Research Initiative (GTRI) proposed several reforms to enhance India's Goods and Services Tax (GST) system on its 7th anni...
- Why GST restructuring is the need of the hourIndia is one of the few countries to have opted for a more intricate structure, featuring four or more tax slabs. GST slabs in India are 0%...
- India's GST revenue collection for June rises 12% YoY to Rs 1.61 lakh croreIndia's gross GST revenue collection in June reached Rs 1,61,497 crore, marking a 12% increase compared to the previous year. This is the 1...
- 5 years of GST: Has it done enough to propel Make in India?In line with industry expectations, GST has had a positive impact on the manufacturing sector by removing the cascading effect of taxes res...
- Key developments at the GST Council meetingThe long-awaited requirement to set up a Tribunal under GST law was also deliberated, and the Council has recommended to set up a ministeri...
- JDS leader H D Kumaraswamy calls GST regime 'monster symbol' of curtailing states' financial autonomy"The GST regime has stood like a monster symbol of curtailing the financial autonomy of states in the federal system of governance. The GST...
- FM asks GST officers to proactively address issues faced by biz in tax complianceIn a message to tax officers on the third anniversary of Goods and Services Tax (GST), Sitharaman also said there is scope for easing compl...
- GST may become two-tier tax with merger of 12%, 18% slabs: Arun JaitleyJaitley said that most items of consumer use have been brought in the 18 per cent, 12 per cent and even 5 per cent category.
- Birthday wishes: industry wants it simpler and all-encompassingThe CII wanted a reduction of the number of GST slabs to "two or three" as well as make keep the 28% slab to only include “de-merit goods.”
- GST a monumental reform, hit growth only for 2 quarters: Arun JaitleyRemarks come a day after Raghuram Rajan blamed the GST for derailing the India's growth story
- Not just indirect tax, GST has impacted direct tax collection as well: Arun JaitleySpeaking on the occasion through video conferencing, Arun Jaitley thanked the finance ministers of all the states for making every GST Coun...
- GST has brought growth, transparency and simplicity in the economy: Narendra ModiHailing GST as a tool that brought simplicity in the system, Modi said, "It is boosting formalisation, enhancing productivity, furthering '...
- July 1 to be celebrated as 'GST Day'The government will celebrate July 1, 2018, as 'GST Day' to mark the first anniversary of the new indirect tax regime.
- Improve work culture, tax administration by 2022: PM Narendra ModiThe prime minister said that besides economic integration of the country, and transparency in the system, GST has brought more than 17 lakh...
- Key highlights of Prime Minister Narendra Modi's speech on India's 71st Independence DayAddressing the nation from the historic Red Fort, PM Modi spoke on many topics, ranging from GST to terrorism to Swachh Bharat initiative.
- GST Bill very important step to get rid of tax terrorism: PM Narendra ModiThe RS last week unanimously passed the Constitution amendment bill to pave the way for the introduction of a pan-India Goods and Services ...
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