One of the major pull factors for the tax net was the input tax credit, but the bigger trigger was capturing of the data in a seamless manner.
01 Jul 2018 7:07 AM
It appears that the GST has brought in a competitive edge for consumption-led states.
01 Jul 2018 7:00 AM
One of the advantages of the GST regime is the elimination of multiple taxes.
01 Jul 2018 6:54 AM
Liquor, LPG, natural gas, aviation turbine fuel (ATF), petrol and diesel are exempt from GST.
01 Jul 2018 6:50 AM
The powers of the Centre and the states were clearly demarcated.
01 Jul 2018 12:01 AM
He said 45-50 per cent of tax revenues of states come from petrol and diesel.
30 Jun 2018 5:42 AM
The state’s principal secretary, transport, Alapan Bandopadhayay, said the strike has had a marginal effect in the state.
19 Jun 2018 6:47 AM
The e-mail and mobile number can be updated by the concerned jurisdictional tax authority of the taxpayer.
14 Jun 2018 2:23 PM
GST will not prevent price fluctuations as India is a massive importer of crude.
11 Jun 2018 9:11 AM
The analytics was conducted based on data between July to March - the first nine months of GST rollout.
08 Jun 2018 12:59 PM
Centre’s share of taxes could, however, fall by over Rs 1 lakh crore a year.
04 Jun 2018 9:07 AM
Duty-free shops will have to only collect a copy of the passenger's passport and later on seek GST refund from the government.
03 Jun 2018 3:57 PM
Total GST compensation released to the states for the FY 2017-18 (July 2017 to March 2018) has been Rs 47,844 crore.
01 Jun 2018 1:03 PM
India and Sri Lanka have both recently streamlined and levied their VAT or GST regimes.
31 May 2018 3:51 PM
He said that the issue of whether or not to include petroleum products under GST will be decided by the GST Council.
27 May 2018 10:32 AM
The revised petrol prices in metro cities are - Delhi: Rs 78.12 per litre; Mumbai: Rs 85.93; Kolkata: Rs 80.76 and Chennai: Rs 81.11.
27 May 2018 9:54 AM
India's economy is robust with GST system having settled down and reforms firmly on the right path.
25 May 2018 2:32 PM
Industry looks forward to working with the Central and state governments to ensure that India leapfrogs to the top 50 economies in the coming years.
18 May 2018 1:20 AM
Infosys has been barred from bidding for the GSTN project to avoid conflict of interest.
08 May 2018 8:53 AM
The PMO is mainly worried with the enormous delays being faced by infrastructure projects.
04 May 2018 1:01 AM