Government has tabled the Comptroller and Auditor General(CAG) audit report on the Goods and Services Tax(GST) in the Parliament. The report has said that the government had failed to try …
Read MoreFormer Finance Minister has said that India can have two slabs for the Goods and Services Tax(GST) but dismissed the possibility of a single rate. He said that single GST …
Read MoreGST Council may cut the goods and services tax(GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector. The lower rate are expected to encourage …
Read MoreThe Central Government has ruled out including petroleum products within the ambit of GST immediately by turning down repeated demands from the aviation sector and oil companies. The petroleum ministry …
Read MoreSupreme Court has decided to examine the power of the government officials to arrest persons for Good and Services Tax (GST) evasion. The court observed that different high courts had …
Read MoreRecently,the Allahabad high court has ruled that there shall be no Goods and Services tax(GST) levied in case of purchases made at duty free stores at the arrival or departure …
Read MoreAccording to a report,kalamkari painting is on a decline due to urban exodus and Goods and Services tax(GST). The challenges faced by them includes (a)the poor availability of formal credit …
Read MoreThe Finance Ministry has introduced changes in the e-way bill system. The changes were brought in to crack down on Good and Services Tax (GST) evaders. The E-way bill is …
Read MoreAccording to the Central Board of Direct Taxes(CBDT),Direct tax collections have fallen short by Rs 60,000 crore.It has failed to meet the revised target of Rs 12 lakh crore for …
Read MoreGoods and Services Tax (GST) collection in March rose 15.6% from a year ago to hit Rs 1.06 lakh crore.It is the highest collection since the new indirect tax system …
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