GST rate rationalisation needed: Finance SecyGST rates need to be rationalised: Finance Secretary
Currently, GST is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. Luxury and demerit goods are taxed at ...
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IT regime changed after fewer seats, GST will be halved if they lose Delhi polls: Kejriwal takes dig at BJP
Aam Aadmi Party (AAP) national convenor Arvind Kejriwal on Monday took a dig at the BJP-led Central government over the Union ...
GST rules for credit notes tightened to stop leakage
A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments ...
Retrospective GST input tax credit amendment to impact commercial realty
The government's retrospective amendment to the Finance Bill 2025 overrides the Supreme Court's ruling from October 2024, ...
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GST Collections Climb 12.3 Per Cent In January, Tamil Nadu Displays Highest Growth In Revenue
The overall gross GST revenue touched Rs 1,95,506 crore in January, data showed. Refunds worth Rs 23,853 crore were issued ...
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January's GST collections stand at ₹1.72L crore, second-highest ever
India's Goods and Services Tax ( GST) collections for January 2025 have hit ₹1.72 lakh crore, according to provisional data ...
GST receipts rebound to second-highest peak in January
India’s gross Goods and Services Tax (GST) collections rebounded sharply in January, rising 12.3% from December’s weak 7.3% ...
GST rate rationalisation, simplification in the works; discussion between Centre, states underway
Discussions between Centre and states have taken place to undertake not just GST rate rationalisation but also simplify the ...
Budget impact from GST perspective
BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...