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India Records Decade-High Navratri Sales As GST Cuts Fuel Consumer Boom
India's consumer economy has achieved its highest Navratri sales in over a decade, a surge attributed to the Modi government's NextGen GST reforms, which reduced tax rates and increased product accessibility.
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'States Likely To Lose Rs 1.5 Lakh Crore Due To GST 2.0': Karnataka Minister To NDTV
Karnataka Revenue Minister Krishna Byre Gowda said that while he supports the new GST structure that came into effect on Monday, it is likely to cause a revenue loss of at least 1 to 1.5 lakh crores to states.
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'Paying Hidden Tax': Bengaluru Techie's Rant Over Traffic, Commute Viral
In the post titled "Traffic is the new tax", the user, a tech employee for Oracle, living in JP Nagar, detailed their commute problems.
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GST 2.0: Mother Dairy Decides To Pass "100% Tax Benefit", Slash Prices
The company said it is passing "100 per cent of the tax benefit to our patrons" as new GST reform comes into effect from September 22.
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Delhi Minister Manjinder Singh Sirsa Gives Punjabi Twist To GST
When asked to give a full form of GST in Punjabi, Mr Sirsa said, "Pehli baat toh GST Punjabi mein koi dena kyu chahega?"(First of all, why would anyone give GST in Punjabi?)
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'Rate Cuts Will Boost Consumption': Tax Board Chief On GST 2.0's Revenue Impact
Higher consumption driven by GST rate cuts may contribute to offsetting the government's revenue loss, provided the industry passes on the benefit to consumers, the Central Board of Indirect Taxes and Customs has told NDTV.
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Opposition States Seek Compensation For Revenue Loss Due To GST Reform Proposal
Opposition-ruled states on Friday said the Centre's proposal for GST rate reforms could result in a revenue loss of about Rs 1.5 crore to Rs 2 lakh crore and demanded compensation for the losses incurred by them.
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GST Collections Rise 7.5% In July To Rs 1.96 Lakh Crore
India's Goods and Services Tax (GST) collections rose to Rs 1.96 lakh crore in July, up 7.5 per cent from the same month previous year, according to government data released on Friday.
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Egg Seller, Juice Vendor Get Notices For GST Dues Worth Crores
An egg seller and a juice vendor in Madhya Pradesh and Uttar Pradesh were in for a huge shock when they received notices for dues worth crores from the Income Tax (I-T) department.
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Himachal Invokes Kyoto Protocol To Demand GST Compensation From Centre
The Himachal Pradesh government on Saturday urged the Centre to make some arrangement for hilly states in lieu of the revenue loss due to GST implementation and sought compensation on the pattern of the Kyoto protocol.
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SpiceJet Clears All GST Dues After Fund Raise
Maintaining financial discipline and regulatory compliance, domestic airline SpiceJet has cleared all its Goods and Services Tax (GST) dues.
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Don't Use Threats During Search And Seizure To Recover GST: Supreme Court
The Supreme Court on Wednesday directed the Centre not to use "threat and coercion" during search and seizure operations against traders for recovery of Goods and Services Tax (GST) and instead persuade them to clear the dues voluntarily.
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Yoga Guru Ramdev's Patanjali Foods Gets Show Cause Notice For GST Dues
Patanjali Foods has been served a show cause notice by the GST intelligence department, asking the company to explain why input tax credit worth Rs 27.46 crore should not be recovered from it.
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Union Minister's Challenge Amid "Separate Country", Centre-State Funds Row
Union Minister V Muraleedharan on Thursday launched a two-for-one attack on the ruling Left Front in Kerala and the Congress, accusing the former of mishandling the state economy and the latter of having lost the peoples' trust.
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BJP Vs Congress In Delhi, Karnataka As Centre-States Fund Row Heats Up
The BJP and the Congress went head-to-head Wednesday morning over allegations the centre is withholding funds - specifically devolution of tax revenue - to the Karnataka government.
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India Records Decade-High Navratri Sales As GST Cuts Fuel Consumer Boom
India's consumer economy has achieved its highest Navratri sales in over a decade, a surge attributed to the Modi government's NextGen GST reforms, which reduced tax rates and increased product accessibility.
-
'States Likely To Lose Rs 1.5 Lakh Crore Due To GST 2.0': Karnataka Minister To NDTV
Karnataka Revenue Minister Krishna Byre Gowda said that while he supports the new GST structure that came into effect on Monday, it is likely to cause a revenue loss of at least 1 to 1.5 lakh crores to states.
-
'Paying Hidden Tax': Bengaluru Techie's Rant Over Traffic, Commute Viral
In the post titled "Traffic is the new tax", the user, a tech employee for Oracle, living in JP Nagar, detailed their commute problems.
-
GST 2.0: Mother Dairy Decides To Pass "100% Tax Benefit", Slash Prices
The company said it is passing "100 per cent of the tax benefit to our patrons" as new GST reform comes into effect from September 22.
-
Delhi Minister Manjinder Singh Sirsa Gives Punjabi Twist To GST
When asked to give a full form of GST in Punjabi, Mr Sirsa said, "Pehli baat toh GST Punjabi mein koi dena kyu chahega?"(First of all, why would anyone give GST in Punjabi?)
-
'Rate Cuts Will Boost Consumption': Tax Board Chief On GST 2.0's Revenue Impact
Higher consumption driven by GST rate cuts may contribute to offsetting the government's revenue loss, provided the industry passes on the benefit to consumers, the Central Board of Indirect Taxes and Customs has told NDTV.
-
Opposition States Seek Compensation For Revenue Loss Due To GST Reform Proposal
Opposition-ruled states on Friday said the Centre's proposal for GST rate reforms could result in a revenue loss of about Rs 1.5 crore to Rs 2 lakh crore and demanded compensation for the losses incurred by them.
-
GST Collections Rise 7.5% In July To Rs 1.96 Lakh Crore
India's Goods and Services Tax (GST) collections rose to Rs 1.96 lakh crore in July, up 7.5 per cent from the same month previous year, according to government data released on Friday.
-
Egg Seller, Juice Vendor Get Notices For GST Dues Worth Crores
An egg seller and a juice vendor in Madhya Pradesh and Uttar Pradesh were in for a huge shock when they received notices for dues worth crores from the Income Tax (I-T) department.
-
Himachal Invokes Kyoto Protocol To Demand GST Compensation From Centre
The Himachal Pradesh government on Saturday urged the Centre to make some arrangement for hilly states in lieu of the revenue loss due to GST implementation and sought compensation on the pattern of the Kyoto protocol.
-
SpiceJet Clears All GST Dues After Fund Raise
Maintaining financial discipline and regulatory compliance, domestic airline SpiceJet has cleared all its Goods and Services Tax (GST) dues.
-
Don't Use Threats During Search And Seizure To Recover GST: Supreme Court
The Supreme Court on Wednesday directed the Centre not to use "threat and coercion" during search and seizure operations against traders for recovery of Goods and Services Tax (GST) and instead persuade them to clear the dues voluntarily.
-
Yoga Guru Ramdev's Patanjali Foods Gets Show Cause Notice For GST Dues
Patanjali Foods has been served a show cause notice by the GST intelligence department, asking the company to explain why input tax credit worth Rs 27.46 crore should not be recovered from it.
-
Union Minister's Challenge Amid "Separate Country", Centre-State Funds Row
Union Minister V Muraleedharan on Thursday launched a two-for-one attack on the ruling Left Front in Kerala and the Congress, accusing the former of mishandling the state economy and the latter of having lost the peoples' trust.
-
BJP Vs Congress In Delhi, Karnataka As Centre-States Fund Row Heats Up
The BJP and the Congress went head-to-head Wednesday morning over allegations the centre is withholding funds - specifically devolution of tax revenue - to the Karnataka government.
