Ever since its inception, the Goods and Services Tax, or GST, has been a funny concept to wrap one’s head around. It has totally changed the way retai...
Finance Ministry Called FIEO’s Claims on GST Refunds as ‘Exaggerated’
Finance Ministry expressed their difference of opinion from FIEO on the GST refunds issue. Finance Ministry said Rs 71,169 crore worth GST refunds ha...
Growth in India Projected to Accelerate Further Finds World Bank
Growth reached 6.7 per cent in fiscal year 2017/18, with a significant acceleration in recent months, it said. "Prompted by the adoption of the 'Goods...
GST: A Tool of Perfection for SME Growth
Article By Praveen Kutty The Government of India commemorated July 1, 2018 — the first anniversary of the Goods and Services Tax — as GST Day. ...
GST Revenue Crossed Rs 94,000 Cr In September
In September GST revenue collection by the Centre crossed Rs 94,000 crore, according to an official release. According to the release, the total gross...
GST Council to Consider Cruise Shipping Industry’s Demand of Waiver: Nitin Gadkari
The GST council is likely to take up the cruise shipping industry's long-pending demand of waiver from the indirect tax at its next meeting, Union Min...
GST’s Composition Scheme Decoded
It is highly important to understand and recognize every minute detailing of policy implications. In the case of GST, this becomes even more critical....
PM Modi Acknowledged the Broad-Mindedness of Small Entrepreneurs for GST
This year’s Independence Day speech by our Prime Minister Narendra Modi couldn’t create a great level of excitement due to several reasons...
Hindustan Unilever Did Not Passed GST Benefits of Rs 300 Cr to Consumers
Fast moving consumer goods major Hindustan Unilever Ltd (HUL) has not passed on the goods and services tax (GST) benefits to the tune of Rs 300 crore ...
Auto Components Should be Under 18 Percent GST: ACMA
The Automotive Component Manufacturers Association of India (ACMA) demanded that the industry should be brought under a uniform 18 percent GST rate.