The recently concluded state assembly elections, which confirmed the dominance of three regional parties in the major states of West Bengal, Tamil Nadu and Kerala, are likely to be a turning point in ...

Said to be India's biggest tax reform, the Goods and Services Tax (GST) was implemented five years ago with one agenda: ‘‘One nation, one market, one tax.” The four-rate structure aimed to eliminate ...

The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...

On September 3, the 56th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, unveiled goods and services tax reforms labelled GST 2.0, which would be effective from September 22 ...

Goods and Services Tax (GST) was introduced in India in July 2017 to improve both production and consumption efficiency. The pre-GST system of domestic indirect taxes was characterised by multiplicity ...

Goods and Services Tax (GST) authorities extended a deadline to file the GST 1 return by two days after several users faced difficulty in accessing a portal dedicated to the indirect tax. GST Portal ...

Collection from Goods & Services Tax (GST) in June touched ₹1.74 lakh crore, registering around 8 per cent growth of June of last fiscal, official sources said on Monday. From now on, the Finance ...

The Union and state governments collected gross Goods and Services Tax (GST) revenue of ₹1.76 trillion in December, the lowest in in three months, but showing an improvement of 7.3% from a year ago, ...

NEW DELHI: The goods and services tax (GST) has enhanced tax buoyancy to 1.22 from 0.72 pre-GST, leading to increased revenue for states post the five-year compensation period, finance minister ...

India's gross Goods and Services Tax (GST) revenue collection in the month of June stood at Rs 1,61,497 crore, registering a rise of 12 per cent on a year-on-year basis, the Ministry of Finance said ...

The Congress party on Thursday termed the Goods and Services Tax (GST) overhaul as “GST 1.5” and claimed that the wait for a "true GST 2.0" continues. Jairam Ramesh said that the Goods and Simple Tax ...