services tax news

Chandigarh records 10% hike in GST collection in March

In February, the GST collection increased by just 5% and stood at ₹188 crore. It was only ₹10 crore higher than the GST collected during the corresponding period of 2022. (Getty Images/iStockphoto)

chandigarh news

Updated on Apr 02, 2023 02:53 am IST

Decoding the nature of economic recovery

High frequency indicators suggest greater optimism than the MPC’s forecast of 0.1% growth in the December quarter.

india news

Updated on Jan 08, 2021 03:03 am IST

At roundtable with global investors, PM Modi pitches atmanirbhar Bharat

Prime Minister Narendra Modi said India is the best place for generating long-term returns as it is among the countries that have the lowest corporate tax rates.

india news

Updated on Nov 05, 2020 11:44 pm IST

GST collections may cross Rs 1 lakh-crore mark for the first time in 8 months

GST revenue accruals in October have been robust as more businesses emerge from the lockdown.

business

Updated on Oct 24, 2020 04:59 am IST

Door still open for states, says govt on GST dues row

Indian Finance Minister Nirmala Sitharaman addresses a press conference in New Delhi.

india news

Updated on Oct 14, 2020 05:49 am IST

States should stand firm, reject Centre’s options on GST compensation cess: Chidambaram

The panel will meet again on October 12 to thrash out the state compensation issue, Finance Minister Nirmala Sitharaman said after a marathon eight-hour meeting.

india news

Published on Oct 06, 2020 03:23 pm IST

Open to one more stimulus if necessary: Nirmala Sitharaman

Finance minister Nirmala Sitharaman during the fifth and final briefing on Centre’s economic stimulus package on May 17, 2020.

india news

Updated on Sept 29, 2020 03:12 am IST

Borrow money, compensate states, Manish Sisodia writes to FM Nirmala Sitharaman

Deputy chief minister Manish Sisodia

delhi news

Updated on Sept 04, 2020 02:34 am IST

Why the GST framework is in trouble

Reforms such as GST are difficult to implement not because they do not have enough traction as ideas, but because the transition from the status quo to a new framework is challenging

columns

Updated on Aug 30, 2020 09:15 pm IST

Govt to push for market borrowing at GST meet

Nirmala Sitharaman, India's finance minister, wears a face mask as she speaks during a news conference in New Delhi. According to two government officials familiar with the matter, debt raised from market borrowings will be repaid from the compensation cess fund.

india news

Updated on Aug 27, 2020 05:26 am IST

Use Aadhaar to get GST registration in just three days

The new process has been launched recently

india news

Updated on Aug 25, 2020 09:06 am IST

PM Modi launches first taxpayers’ charter

Narendra Modi’s appeal comes in the context of Covid-19, which has entailed a ₹Rs 20 lakh crore economic stimulus and relief package

business

Published on Aug 14, 2020 01:42 am IST

Nothing dramatic: Bollywood business scripts a sad tale!

Ajay Devgn-starrer Tanhaji: The Unsung Warrior was the biggest Bollywood hit before the nationwide lockdown came into force

bollywood

Published on Aug 10, 2020 05:55 pm IST

GST Council to discuss AG opinion on compensation: Nirmala Sitharaman

The payment of GST compensation to states became an issue after revenues from imposition of cess started dwindling since August 2019 and the Centre had to dive in to the excess cess amount collected during 2017-18 and 2018-19.

business

Published on Aug 01, 2020 04:16 pm IST

Drive on voluntary tax compliance from Monday

CBDT said under the e-campaign the taxpayers will be able to access details of their high value transaction related information on the designated portal.

business

Updated on Jul 19, 2020 01:00 am IST

Economy showing green shoots: PM

The PM’s remarks come in the backdrop of a projected contraction in the economy due to the pandemic and the lockdown imposed to curb its spread.

india news

Updated on Jul 10, 2020 12:10 am IST

GST consensus under threat as revenue falls

The Council, which will meet later this month, is set to see sharp differences emerge over the central government’s obligation to make up for states’ GST losses, which has gone up due to the 2-month national lockdown to contain the virus, a situation that wasn’t anticipated in GST laws.

business

Published on Jul 06, 2020 07:00 am IST

GST faces challenge to meet higher revenue expectations

The Goods and Services Tax (GST) was passed in a joint session of parliament on 1 July, 2017

business

Updated on Jul 02, 2020 07:28 am IST

Govt releases Rs 36,400 crore GST compensation to the states

Union territories with legislatures also get the compensation.

business

Updated on Jun 05, 2020 03:33 am IST

Modi’s plan for economic revival is a game-changer

The PM’s clarion call for self-reliance is a game changer. Imagine the force, energy, skills and strength a self-reliant nation of 1.3 billion people will bring to bear on the global polity

analysis

Updated on Jun 02, 2020 11:40 am IST

Indian states are short of money. They need help | Opinion

Stranded migrant workers queue to collect health certificates, Pune, May 6, 2020

analysis

Updated on May 17, 2020 06:48 pm IST

Allocate resources, rationally and efficiently

Migrants undergo thermal screening Ganjam, May 3, 2020

analysis

Updated on May 13, 2020 09:40 pm IST

Lockdown effect: Haryana’s economy to take a hit

HT Image

chandigarh news

Updated on Mar 31, 2020 10:03 pm IST

GST on petroleum products only when states and GST council agree, says Sitharaman

Union Finance Minister Nirmala Sitharaman has said this year’s Budget has laid the foundation for a five trillion dollar economy with a majority of the government’s expenditure being for building infrastructure.

india news

Updated on Feb 09, 2020 08:49 pm IST