Goods and Services Tax

The Centre has finally yielded to the states in the running feud over who borrows funds to cover up the shortfall in the Goods and Servic...Read More

The decision comes a day after the GST Council meeting failed to reach a consensus on the stalemate over the Centre's proposal of states ...Read More

The last meeting of the Council a week back did not result in any consensus among the states as although around 20 states opted for the f...Read More

In a sudden volte-face, the Centre withdrew its controversial proposal for the states to borrow to cover up the shortfall in the face of ...Read More

The early signs of economic recovery can be seen. The latest signal in this direction has been the rise of India's goods and services tax...Read More

Most globally established companies in the sector have flourished in the current taxation and regulatory regime, which is evident from th...Read More

Sources in the Finance Ministry said that the entire shortfall of compensation to the states -- irrespective of whether it is on account ...Read More

The Centre and opposition-ruled states are at loggerheads over the financing of the Rs 2.35 lakh crore GST shortfall in the current fisca...Read More

At an informal meeting on Monday, six non-BJP ruled states -- Punjab, West Bengal, Kerala, Delhi, Chhattisgarh and Telangana -- felt that...Read More

In an exclusive interview with Free Press Journal, Puducherry Chief Minister V Narayanasamy, who represented the Union Territory at the G...Read More

The 41st meeting of the Goods and Services Tax (GST) Council, to be held via video conferencing, has just one agenda for discussion -- ma...Read More

According to a statement issued by CII, which was also issued by the finance ministry's spokesperson, Sitharaman said a rate revision pro...Read More

He said the Revenue Department wants to bring in self-compliance among taxpayers by making available data of all financial transactions v...Read More