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...
24 Jun, 2024, 06.14 PM IST
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...
21 Jun, 2024, 05.26 PM IST
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%...
27 Aug, 2023, 10.53 PM IST
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...
01 Jul, 2023, 03.51 PM IST
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...
17 Aug, 2022, 11.28 AM IST
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...
02 Jul, 2022, 11.48 AM IST
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...
03 Jul, 2021, 02.44 PM IST
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...
01 Jul, 2020, 05.49 PM IST
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.
02 Jul, 2019, 06.33 AM IST
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.”
01 Jul, 2019, 07.48 AM IST
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
12 Nov, 2018, 10.16 AM IST
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...
01 Jul, 2018, 03.54 PM IST
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 '...
01 Jul, 2018, 11.23 AM IST
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.
30 Jun, 2018, 02.57 PM IST
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...
02 Sep, 2017, 12.53 PM IST
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.
15 Aug, 2017, 10.03 AM IST
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 ...
09 Aug, 2016, 01.26 AM IST