Goods and Services Tax

The Modi government’s most touted moves were demonetisation and goods and services tax (GST).

The government has promised to lower corporate tax rate to 25 per cent for all companies once Goods and Services Tax (GST) mop-up improves, Ficci President Sandip Somany said on Tuesday.

The finance minister Sudhir Mungantiwar lauded the efforts of his government to keep the debt of Rs 4.14 lakh crore under control and said that it is under fiscal benchmark.

The government has detected Rs 20,000 crore worth GST evasion so far this fiscal and will take more steps to check frauds and increase compliance, a senior tax officer said on Wednesday.

Lucknow: BSP chief Mayawati on Monday attacked Prime Minister Narendra Modi over his holy dip in…

The panel, formed to review goods and services tax on the real estate sector, on Friday considered lowering GST rate on residential houses to 5% without any input tax credit, a finance ministry official said.

The average monthly collection of Goods and Services Tax (GST) in the current fiscal has increased to Rs 97,100 crore from Rs 89,700 crore last year, Finance Minister Piyush Goyal said on Friday.

Demonetisation and haphazard implementation of Goods and Services Tax have impacted the recovery of Rs 11,000 crore of loans disbursed under the Centre’s Micro Units Development and Refinance Agency (MUDRA) scheme,

The Congress on Saturday reminded Prime Minister Narendra Modi for not a word in his lengthy speech on the demonetisation and the Goods and Services Tax (GST) he used to pride about.

One of the first public acts of the Narendra Modi government after the BJP lost the three Assembly elections in Chhattisgarh, Madhya Pradesh and Rajasthan was to reduce the GST on a clutch of items.