The Goods and Services Tax (GST), often hailed as the "biggest tax reform" in India, has evolved over the years, and the weighted rate of GST has declined in th..
The government's Chief Economic Adviser K.V. Subramanian on Sunday said that India's banking system is proportionately smaller than the size of the economy and it..
The Directorate General of GST Intelligence (DGGI) has issued guidelines, which seek to soften the impact of investigations and ensure that no excesses are committed that..
Despite lockdown due to COVID-19, the Goods and Services Tax (GST) collection in Odisha has witnessed a positive growth rate for the first time during the current financi..
The Covid-induced shrinking of economic activity for the past few months continued to have its impact on government's tax collections with revenue under the Goods and..
Fitness industry major Gold's Gym India expects at least a year's lag time before the business gains traction.
The Centre on Wednesday announced its Unlock 3.0..
In a bid to provide further relief to states amid the coronavirus outbreak, the Finance Ministry has released Rs 13,806 crore as compensation for March 2020 for the state..
Finance Secretary Ajay Bhushan Pandey on Thursday said that GST rates can be reduced further, if the tax base increases.
"Once the tax base increases, if we are a..
Amid the ongoing debate over goods and services tax (GST) rate on hand sanitisers, the government on Wednesday clarified alcohol-based hand sanitisers will continue to be..
Software consultancy services provided by an IT company under a contract to a company which has foreign clients is liable to pay Goods and Services Tax (GST).
In a rec..
In a major relief to the GST taxpayers, the government has decided to cap the maximum late fee for Form GSTR-3B at Rs 500 per return for the extended tax period of July 2..
Warehousing demand has seen strong growth in the last few years and has recorded a significant 44 per cent CAGR since 2017, mostly after introduction of the goods and ser..
Rate decision, US stimulus likely constraints to rupee's further appreciation
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