June GST Collection: GST collection surges by 56% YoY to Rs 1,44,616 crore in June
The Goods and Services Tax (GST) revenue for the month of June surged by 56% on an annual basis to nearly Rs 1.45 lakh crore…
gst news: 5 years of GST: The irritants that we need to iron out
The noble intention of GST legislation was to replace multiple indirect taxes into single uniform tax law across the nation so as to relieve tax…
MSME: Five years of GST: Is it a gamechanger for MSMEs?
The milestone of five years of GST is significant in many ways. For the governments, it is important from the revenue perspective, for instance, even…
GST Tax: The need to make GST reporting standardised, less cumbersome for taxpayers and administrators
The Goods and Services Tax (GST) has come a long way since its launch in 2017 when it replaced a plethora of Central and State…
GST India: 5 years of GST: Has it done enough to propel Make in India?
On 1 July 2022, we will reach a new milestone in the indirect tax reform journey. GST, which subsumed most of the erstwhile indirect taxes,…
Diamond GST News: Government hikes GST for cut & polished diamonds from 0.25% to 1.5%
GST Council, in its 47th meeting held on 28th and 29th June 2022, has come up with revisions in GST rates for a series of…
GST News: GST’s half-a-decade journey: Tech usage to plug revenue leaks, Rs 1.3 lakh cr monthly tax ‘new normal’
India’s biggest tax reform, the Goods and Services Tax (GST), completes its half-a-decade journey on June 30, with many hits and some misses, and also…
GST News: 5 years of GST: A mix of success and work in progress
‘One nation, One market, One tax’ – the driving motto behind the introduction of GST, with effect from 01 July 2017, has brought 1.3mn taxpayers…
GST India: Five years of GST – Baby out of the cradle
As the Goods & Services Tax legislation completes 5 years and has evolved from its “infant” stage into a stable state legislation today, the industry…
GST registration exemption for online seller with low turnover to boost e-commerce
The government’s decision to exempt suppliers on e-commerce having less than Rs 40 lakh turnover will boost online sales of goods, industry players said on…