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5 mins read

Finance Minister Nirmala Sitharaman’s tribute to the late Arun Jaitley is also coming ahead of a tough GST Council meeting where states will ask for money

SBI, ICICI Bank, Axis, Kotak and others have plans to raise $14 billion — but if things go haywire,…

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2 mins read

India lost ₹900 billion due to tax rate cuts under GST, says former Finance Minister Arun Jaitley

Just a few days ahead of the Union Budget, former Finance Minister Arun Jaitley said that the gover…

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3 mins read

The Modi administration continues its courtship of small businesses with a GST breather — but it seems unlikely that state governments will opt in

The council decided to double the minimum revenue threshold for compliance with the tax to ₹4 mi…

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2 mins read

Indian government may not meet its fiscal deficit target because of lower tax collections: India Ratings

This will be the third consecutive year when India’s fiscal deficit will be 3.5% of GDP, noted…

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3 mins read

India crosses the trillion mark in tax collection in April, the first time since GST was implemented

With the improved economic climate, introduction of e-way bill and improved GST compliance, GST col…

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1 min read

No surprises in GST rates, promises Jaitley

"Profit is not a bad word... but unfair enrichment is. And therefore the benefit of reduction …

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3 mins read

Here are the 5 major decisions that interim Finance Minister Piyush Goyal took while Arun Jaitley was away

In Jaitley’s absence, Goyal presided over the 21 July meeting of the GST Council. After the …

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6 mins read

Arun Jaitley, every big man's friend, passes away at the age of 66-- leaving behind lessons in the 'art of the possible'

The former Finance Minister could have even written the famous book ‘How to make friends and influe…

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1 min read

Countdown to GST rollout begins; Arun Jaitley says GST new journey for India

The rollout will be announced in the presence of President Pranab Mukherjee, Vice President Ham…

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2 mins read

Finally! GST confirmed for July rollout

"States were seeking that dhabas and small restaurants can adopt the composite scheme. The Centre h…

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1 min read

Arun Jaitley says GST will not be inflationary; tax on goods will go down

He termed the present Indian indirect tax structure as “fairly complicated”. In the pas…

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1 min read

Here’s why Arun Jaitley wants GST to be implemented from July 1

Jaitley said if the bill is not passed and GST is not rolled out from July 1, the Centre and the st…

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1 min read

Here’s the list of GST rate for services; 28% for luxury hotel services, healthcare exempted

“Four tax slabs for services-5%, 12%, 18% (standard rate), 28% (luxury services),” said Jaitley.…

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2 mins read

Whatever happened to free speech! Arun Jaitley is silencing disagreements in his ministry

In this backdrop, the finance ministry is silencing dissent in his own ministry. "Instructions have…

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3 mins read

Here’s how difficult the GST process was for the Modi government

Decoding the puzzle that GST was for the Modi government

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2 mins read

Demonetisation, GST to widen tax base, make cash dealing difficult: FM Arun Jaitley

The minister said the country had reconciled to a Indian normal -- a very large number of t…

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2 mins read

Traveling, eating out and phone bills to get expensive as Arun Jaitley plans to hike service tax

The move, that will make flying, eating out, phone bills and a host of other services expensive, wo…

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1 min read

GST won’t be capped, affirms Finance Minister Arun Jaitley

He added that constitutional validity on the cap of Revenue Neutral Rate is not acceptable, as the …