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Finance minister Nirmala Sitharaman

Centre will not renege on GST compensations: Sitharaman

The delays to pass on the money are due to a slip in collections and the states have nothing to worry, said FM Nirmala...

16 Dec 2019 4:31 PM IST

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)

GST Council to review revenue position, compensation cess on Dec 18

The meeting of all-powerful GST Council is going to be held against the backdrop of lower-than-expected GST collection.

4 Dec 2019 6:53 PM IST

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)

GST Council to review GST revenue position, compensation cess

The meeting of all powerful GST Council is expected to take place in the second half of this month to deliberate on a...

3 Dec 2019 7:37 PM IST

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)

GST revenue grows 6 per cent, crosses Rs 1 lakh cr in November

According to official sources, the number reflects pick up in consumption and improvement in compliance as well.

1 Dec 2019 4:56 PM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

North Block finds ways to meet deficit target

As per 2018-19 budget projections, the Centre is likely to finance Rs 75,000 crore of fiscal deficit from small savings.

30 Jan 2019 10:30 AM IST

The answer, it seemed, was not difficult to seek for those who believed that economic growth in India, then as it is now, is state driven.

Does India understand the realities of Bharat?

Farmer suicides, though nothing new, are an ugly reality that the Centre needs to reckon with.

30 Jan 2019 1:31 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.

Cabinet clears setting up of centralised GST appellate authority

The setting up of a centralised AAAR would require amendments to the GST Acts.

23 Jan 2019 1:36 PM IST

PM Modi, who arrived in Japan on Saturday to attend the 13th India-Japan annual summit and held a series of meetings with top Japanese leaders and addressed the Indian community. (Photo: PTI)

PM's pre-poll handouts to cost billions, breach fiscal targets: Report

Much of the cost of the extra spending or revenue losses would have to be borne by govt that will take charge after...

18 Jan 2019 2:15 PM IST

E-way bill provision has been decided by the GST Council and will be implemented in six months. (Representational Image)

E-way bill to be integrated with NHAI's FASTag to track GST evasion...

FASTag also offers non-stop movement of vehicles through toll plazas.

15 Jan 2019 3:40 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.

Demonetisation, GST affecting Mudra loan recovery, says Sena

Loans worth Rs 2.46 lakh crore have been disbursed so far to 4.81 crore small scale industrialists.

15 Jan 2019 12:13 PM 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.

Soon, nearby retailers won't charge you GST

Mention of GST registration status to become mandatory.

14 Jan 2019 12:07 AM IST

Vendors and small traders at major city markets complained that their business was hit even on weekends as they ran out of changes. (Photo: PTI)

Govt plans insurance scheme for GST-registered small traders

Small traders could get accidental insurance cover of up to Rs 10 lakh based on turnover.

11 Jan 2019 3:05 PM IST