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DIPP secreatry Ramesh Abhishek (Pics:Youtube)

GST a gamechanger for economy, teething troubles expected'

Ramesh observed that while everyone was in favour of low indirect taxes, revenue generation also needs to be factored in...

26 Oct 2017 2:08 PM IST

Businesses availing trasnitional credit can file GST returns till August 28. Photo: Twitter| @GSTN_IT

'Many issues on GSTN sorted, effort on to make it hassle free'

GoM in the next meeting will decide on the future course of action with regard to the IT network.

23 Oct 2017 12:57 PM IST

Revenue Secretary Hasmukh Adhia. (Photo: File)

'GST rate structure requires total overhauling'

GST Council has rationalised rates on over 100 commodities and made refund process easier for exporters.

22 Oct 2017 6:22 PM IST

Revenue Secretary Hasmukh Adhia (Photo: PTI)

GST rate structure needs complete overhauling: Hasmukh Adhia

GST Council has rationalised rates on over 100 commodities and made refund process easier for exporters.

22 Oct 2017 1:46 PM IST

FMCG companies scaled back growth-oriented investments and shifted focus to sustaining profits all at the cost of the top line.

GST 100 days: FMCG cos give thumbs up, say demand picking up

Most FMCG firms were hit by de-stocking by channel partners ahead of implementation of the GST.

8 Oct 2017 12:08 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.

Karnataka received Rs 1,189 cr GST compensation: Minister

State had faced a revenue shortfall of about Rs 600 crore in July due to GSTN glitches.

5 Oct 2017 4:21 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI on GST: Adverse impact on mfg, may delay investment revival

RBI forecast economic growth to slow to 6.7 per cent in current fiscal, from 7.3 per cent projected earlier.

4 Oct 2017 4:11 PM IST

The KCA, though, remained apprehensive about the BCCIs stand.

In first month of GST roll-out, BCCI paid Rs 44 lakh in taxes

BCCI's official website states that for the month of July, it paid Rs 44,29,516 in GST.

9 Sept 2017 4:16 PM IST

The Income Tax Department has detected undisclosed income of over Rs 10,000 crore in fiscal 2017-18, thus recording a 20 per cent surge over the previous fiscal.

Rs 29,088 crore indirect tax evasion detected during April-Oct

The total number of cases where service tax was evaded stood at 1,145 involving Rs 22,973 crore.

21 Nov 2018 3:36 PM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

Demonetisation led to formalisation of economy, expanded tax base:...

The indirect tax to GDP ratio has gone up to 5.4 per cent post GST, from 4.4 per cent in 2014-15.

8 Nov 2018 12:29 PM IST

GST stabilised in short time, hints at further rejig: Arun Jaitley

GST collections hit lowest in November from Rs 80,808 crore in the previous month.

27 Jan 2018 2:41 PM IST

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

Don't resort to knee-jerk reax: Assocham to govt on GST slip

GST collections slipped for second straight month to Rs 80,808 cr in Nov, down from over Rs 83,000 cr.

8 Jan 2018 3:33 PM IST