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GST SYSTEM STABILITY
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...- Will a strong brand play the role it is supposed to? 4 consumer electricals stocks with upside potential of up to 28%Many companies in this space have underperformed the broader market. The underperformance did not happen without reason. Margins were under...
- RBI MPC: India's Goldilocks moment dims, but the lights are not outIndia's economic "Goldilocks moment" is shifting as the RBI raises its inflation forecast and lowers growth projections due to external sho...
- RBI must let rupee depreciate; use liquidity tools, not rate hikes, to curtail inflation: Duvvuri SubbaraoFormer RBI Governor Duvvuri Subbarao has advised the RBI to allow some rupee depreciation to counter external pressures. He has suggested u...
- Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
- Resilient, not shock-free: India charts path through war jittersIndia's economy faces challenges from the West Asia conflict. Rising oil prices and trade disruptions are impacting India. However, strong ...
- Atomic impact: Nuclear-powered AI infrastructure could be India’s geopolitical moatIndia's nuclear advancements, including the Kalpakkam PFBR and plans for small modular reactors, are set to power its ambition to become a ...
- PM Modi welcomes GST council’s approval of rate cuts, says changes will benefit every section of societyThe GST Council, with PM Modi's endorsement, has approved comprehensive GST reforms, including rate rationalization and process simplificat...
- GST rate rationalisation tops companies' list of demandsBusinesses in India want simpler GST and fewer tax slabs. A Deloitte survey reveals that sectors like healthcare seek rate rationalisation....
- Online gaming turnover has gone up, no case for relook at GST levy: Karnataka revenue ministerEarlier, an 18% GST was levied only on the platform fee. The GST Council, at its meeting on July 11, 2023, decided to tax online gaming, ca...
- India to get a three-tiered GST regime in next few months?India is planning to cut GST slabs from four to three to simplify tax classifications, Sanjay Agarwal, Central Board of Indirect Taxes and ...
- How much will GST impact Budget math?High GST boosts government revenue, aiding fiscal health, infrastructure, and social programs, enhancing economic stability and investor co...
- ET Edit: Not the time for big bang tax reformA possible reform is to raise the tax-exempt limit of Rs 1.5 lakh on savings schemes for individuals, unchanged since 2014-15, to let taxpa...
- Smooth execution without technical glitches critical for GST filing system: ExpertsThe government plans to link GSTR 1, the form used to fill outward supplies, with GSTR 3B, used to fill returns summary, which will reduce ...
- Daman to be Dadra & Nagar Haveli, Daman & Diu UT's headquarterThe government amended various tax acts covering the three tax systems, which will lead to saving for the exchequer and ensuring uniformity...
- Right time to expand GST coverage to all sectors; converge tax slabs: India IncThe all-powerful GST Council Friday extended the tenure of the anti-profiteering authority by two years and approved imposing a penalty of ...
- GST Council can cut rate slabs to three, says BCICThere is scope for review on GST rate slabs which can be pruned from the current five (0, 5, 12, 18 and 26%) slabs to three, P.V.Srinivasan.
- Ideal growth rate for India is 8-10 per cent: Arvind SubramanianSharing more details on the roadmap to recovery, Subramanian said, The economy is facing certain challenges. Once we overcome them, the gro...
- Assam will get Rs 300 crore per year in terms of GST compensation: Sarbananda SonowalSonowal said GST will mark the beginning of a new era of equal economic development in the country.
- One crore traders, businessmen to come under GST ambit: Jayant SinhaThe Minister of State for Civil Aviation said that multiple rates were needed under the GST in efforts to ensure price stability and revenu...
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