West Bengal Chief Minister Mamata Banerjee on Wednesday wrote to Prime Minister Narendra Modi that depriving states of Goods and Services Tax compensation is an "attempt to undermine federalism"......
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the......
'Rates go up, revenues go up, and the need for compensation diminishes.' Illustration: Dominic Xavier/Rediff.com The Goods and Services Tax Council has turned into a "rate cutting panel",......
The GST rate is also proposed to be cut on food delivery platforms like Swiggy and Zomato, to 5 per cent from the current 18 per cent. Illustration: Dominic Xavier/Rediff.com The GST Council, in......
Goods and Services Tax (GST) collections in September, in gross terms, were at Rs 1.73 lakh crore, with a yearly jump of 6.5 per cent, according to data from finance ministry released on Tuesday.......
The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to......