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India has been the worlds fastest growing major economy over the past two years.

India beats France to become world's sixth largest economy

India's GDP amounted to USD 2.597 trillion at the end of 2017, against USD 2.582 trillion for France.

11 July 2018 1:57 PM IST

Revenue Secretary Hasmukh Adhia. (Photo: File)

Petroleum products to be brought under GST in stages: Adhia

Currently, diesel, petrol, crude oil, natural gas and aviation turbine fuel are outside the purview of GST.

6 July 2018 3:30 PM IST

Bug in telco's system: Cops yet to make arrests

Firm incurred heavy losses as essential operations were hampered.

5 July 2018 3:51 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Govt giving false hopes on economy

The government's actions are around creating a feel good tactic rather than a serious economic effort.

5 July 2018 12:23 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST: It's time to see reason

GST is likely to have fetched at least Rs 1 lakh crores in excess of the anticipated Rs 1 lakh crore per month average...

3 July 2018 5:30 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Higher tax mop up due to reforms

Statistics available in the public domain suggest that the tax-payer base has widened by 26 per cent in FY 18 compared...

2 July 2018 12:25 AM IST

Senior Congress leader P Chidambaram said that flawed structure and implementation has made GST a bad word among businesspersons, traders, exporters and common citizens. (Photo: Twitter/ANI)

Big thing done in bad way: Congress slams Centre as GST completes 1-yr

Taking to Twitter, the Congress party in a series of tweets called GST one of Prime Minister Narendra Modi's 'U-turns'.

1 July 2018 2:03 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Consumption-led states get an advantage

It appears that the GST has brought in a competitive edge for consumption-led states.

1 July 2018 7:00 AM IST

Lack of clarity in GST law as to the applicability of provisions and complex return filing procedures were the major problems.

Bumpy roads delay GST's promise

One of the major pull factors for the tax net was the input tax credit, but the bigger trigger was capturing of the data...

1 July 2018 7:07 AM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Ease of doing business to be key for states

One of the advantages of the GST regime is the elimination of multiple taxes.

1 July 2018 6:54 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

States reluctant to include fuel, liquor

Liquor, LPG, natural gas, aviation turbine fuel (ATF), petrol and diesel are exempt from GST.

1 July 2018 6:50 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST marks federal nature of Indian Constitution

The powers of the Centre and the states were clearly demarcated.

1 July 2018 12:01 AM IST