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Fuel Price Hike: Why Petrol Costs Rs 117 In Hyderabad But Rs 102 In Delhi
Petrol, Diesel Price Today: States that need more revenue keep fuel taxes higher as fuel remains one of the most reliable source of tax collection.
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How to Cancel GST Registration Online: Here’s a Step-by-Step Guide
Goods and Services Tax (GST) was implemented by the government in 2017 as a new tax system in the country. GST helps eliminate the chances of the state and the central governments in India levying multiple taxes on the same product multiple times. While you do need GST registration to file returns as a business, you can also easily cancel your regi...
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War Impact On Crude Oil Raises GST Question. Why It's Easier Said Than Done
While the Centre has reduced excise duty on petrol and diesel, states did not reduce their VAT/Sales tax on petroleum products.
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Cross-LoC Trade With PoK Is Intra-State Under GST Act: J&K High Court
Jammu and Kashmir and Ladakh High Court has said the cross-Line of Control (LoC) trade between the Union territory and Pakistan-Occupied Kashmir constitutes intra-state trade under the GST Act, as PoK is legally a part of J&K.
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Assam Government To Donate GST Revenue From Zubeen Garg's Final Film Roi Roi Binale To Singer's Foundation
Assam Chief Minister Himanta Biswa Sarma announced the state cabinet's decision on the collections from the film
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Opinion | Why States, Not Centre, Should Get All The Credit For GST 'Savings'
Amidst all the hoopla, it is the State governments that truly deserve recognition for coming together for the GST revision. Because the States are the ones bearing the brunt of massive revenue losses.
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"Don't Get A Rupee From Centre": Siddaramaiah Amid Row Over Infrastructure
Karnataka Chief Minister Siddaramaiah on Tuesday hit out at the Bharatiya Janata Party (BJP)-led Centre for not giving "a rupee" to the state and even questioned the reforms in the Goods and Services Tax (GST) that was introduced before Diwali.
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'50% Relief Borne By States': MK Stalin Slams PM Modi Over Delayed GST Cuts
Tamil Nadu Chief Minister MK Stalin on Monday took on Prime Minister Narendra Modi over the timing of the Goods and Services Tax (GST) cuts, accusing the Union government of denying states their rightful funds.
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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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"Prioritise Manufacturing, Atmosphere For Investment": PM Modi's Message For States
The Goods and Services Tax (GST) reforms, which kick in tomorrow, are a "double bonanza" for the poor, neo-middle class and the middle class, underlined Prime Minister Narendra Modi in an address to the nation on Sunday.
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Can Liquor Come Under GST? What Nirmala Sitharaman Told NDTV
Including liquor for human consumption within the GST ambit - as opposed to it being covered by state excise duties and Value Added Tax - is "entirely dependent" on decisions taken by individual states, Finance Minister Nirmala Sitharaman said.
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"Not Sitting With Huge Suitcase...": N Sitharaman On GST Compensation Demands
Responding to complaints from states that they will not be compensated for losses in revenue, if any, from the GST reforms, Nirmala Sitharaman has said the decision was taken by consensus in the GST council.
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At NDTV GST Conclave, BJP And Opposition Differ On Compensation, Responsibility
The finance minister of Punjab and Jharkhand and the industries minister of Delhi ensured a spirited start to the NDTV GST Conclave on Tuesday, with their panel discussion on 'Matters of States' witnessing a heated debate on the GST reforms.
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'Doing Business Feels Like Punishment': Reddit User's Rant About GST Nightmare Viral
A Reddit user stated that doing business in India felt like a punishment, owing to recent hassles involving GST.
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GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
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Fuel Price Hike: Why Petrol Costs Rs 117 In Hyderabad But Rs 102 In Delhi
Petrol, Diesel Price Today: States that need more revenue keep fuel taxes higher as fuel remains one of the most reliable source of tax collection.
-
How to Cancel GST Registration Online: Here’s a Step-by-Step Guide
Goods and Services Tax (GST) was implemented by the government in 2017 as a new tax system in the country. GST helps eliminate the chances of the state and the central governments in India levying multiple taxes on the same product multiple times. While you do need GST registration to file returns as a business, you can also easily cancel your regi...
-
War Impact On Crude Oil Raises GST Question. Why It's Easier Said Than Done
While the Centre has reduced excise duty on petrol and diesel, states did not reduce their VAT/Sales tax on petroleum products.
-
Cross-LoC Trade With PoK Is Intra-State Under GST Act: J&K High Court
Jammu and Kashmir and Ladakh High Court has said the cross-Line of Control (LoC) trade between the Union territory and Pakistan-Occupied Kashmir constitutes intra-state trade under the GST Act, as PoK is legally a part of J&K.
-
Assam Government To Donate GST Revenue From Zubeen Garg's Final Film Roi Roi Binale To Singer's Foundation
Assam Chief Minister Himanta Biswa Sarma announced the state cabinet's decision on the collections from the film
-
Opinion | Why States, Not Centre, Should Get All The Credit For GST 'Savings'
Amidst all the hoopla, it is the State governments that truly deserve recognition for coming together for the GST revision. Because the States are the ones bearing the brunt of massive revenue losses.
-
"Don't Get A Rupee From Centre": Siddaramaiah Amid Row Over Infrastructure
Karnataka Chief Minister Siddaramaiah on Tuesday hit out at the Bharatiya Janata Party (BJP)-led Centre for not giving "a rupee" to the state and even questioned the reforms in the Goods and Services Tax (GST) that was introduced before Diwali.
-
'50% Relief Borne By States': MK Stalin Slams PM Modi Over Delayed GST Cuts
Tamil Nadu Chief Minister MK Stalin on Monday took on Prime Minister Narendra Modi over the timing of the Goods and Services Tax (GST) cuts, accusing the Union government of denying states their rightful funds.
-
'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.
-
"Prioritise Manufacturing, Atmosphere For Investment": PM Modi's Message For States
The Goods and Services Tax (GST) reforms, which kick in tomorrow, are a "double bonanza" for the poor, neo-middle class and the middle class, underlined Prime Minister Narendra Modi in an address to the nation on Sunday.
-
Can Liquor Come Under GST? What Nirmala Sitharaman Told NDTV
Including liquor for human consumption within the GST ambit - as opposed to it being covered by state excise duties and Value Added Tax - is "entirely dependent" on decisions taken by individual states, Finance Minister Nirmala Sitharaman said.
-
"Not Sitting With Huge Suitcase...": N Sitharaman On GST Compensation Demands
Responding to complaints from states that they will not be compensated for losses in revenue, if any, from the GST reforms, Nirmala Sitharaman has said the decision was taken by consensus in the GST council.
-
At NDTV GST Conclave, BJP And Opposition Differ On Compensation, Responsibility
The finance minister of Punjab and Jharkhand and the industries minister of Delhi ensured a spirited start to the NDTV GST Conclave on Tuesday, with their panel discussion on 'Matters of States' witnessing a heated debate on the GST reforms.
-
'Doing Business Feels Like Punishment': Reddit User's Rant About GST Nightmare Viral
A Reddit user stated that doing business in India felt like a punishment, owing to recent hassles involving GST.
-
GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
