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9 important changes and key takeaways from the 53rd GST Council meeting
A compilation of all the significant measures and changes announced by Finance Minister Nirmala Sit…
RBI may hike benchmark lending rates by 25 bps in April: DBS
The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…
PTI
Waive GST on helmets, road safety body urges FM ahead of the Union Budget
Road safety body International Road Federation (IRF) wrote a letter to Union Finance Minister Nirma…
Cloud kitchens are restaurants, ice cream is not food and other important clarifications that will affect GST rates
One of the reasons behind this is the ever-evolving business landscape – for instance, while clo…
Signs that Modi government wants to bring petrol and diesel under GST – and the reasons why it is difficult
When it was rolled out in 2017, the GST regime brought a wide range of products and almost all s…
India’s GDP forecast raised but El Nino, export contraction threats hover
Economists now have a more optimistic outlook on India’s growth prospects after the ‘pleasant surpr…
The Indian government is risking a tighter noose on 'tax evaders' as GST collections remain short of target
The Indian government is planning to prohibit companies from generating e-way bills for the tra…
It’s good that India wants just two GST slabs but it has to ensure it doesn’t hurt consumers
However, experts say that it could also be down to just two slabs, eventually. And the latest mo…
With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars
Currently, the automobile sector attracts 28% GST along with personal-use aircrafts, lotteries…
Glee.S.T! January 2021 GST collection may have beat the December record
More than ₹1.2 lakh crore may have been collected in January, compared to ₹1.15 lakh crore in Decem…
Government's new GST compensation formula may raise unconditional borrowing limit by 0.5%
Government sources said that the unconditional borrowing limit for states could be raised by ano…
GST collections drop to ₹87,422 cr in July
GST collections in July fell to Rs 87,422 crore from Rs 90,917 crore in June, according to a Fina…
PTI
Amazon, Flipkart and other e-commerce platforms may not be able to do flash sales any more, if Indian government has its way
According to the new draft regulations by the Ministry of Consumer Affairs, Food and Public Dis…
Hand sanitisers soaps will attract 18% GST
Amid the ongoing debate over goods and services tax (GST) rate on hand sanitisers, the government o…
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…
Earning income by renting commercial properties? Be ready to shell out GST. Here are the details
Rental income received from residential house is exempt. But if you have given your unit to commerc…
As GST date draws near, govt sets up a special war room for related queries
Just two days are left before India implements goods and services tax (GST), the biggest tax reform…
Leading consumer electronic retail chains are getting richer before GST
Moreover, the industry would face a slump next month since customers have already purchased what th…
Get ready for 7-hour GST debate in Lok Sabha today. Here are the details
The Indian Government wants to push GST roll out by July 1 and is looking for majority on the bill,…