GST
- India
GST Council begins work to rejig tax rates; Oppn states seek revenue protection
New Delhi: The work to overhaul the tangled goods and services tax (GST) began on Wednesday, September 3, as the government looks to cut the tax rate on common-use items, ranging from…
- Business
GST Council meet on rate reform begins
New Delhi: The 56th meeting of the GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers, on Wednesday started deliberations on ‘next-gen GST’ reforms, which will lower tax rates…
- Business
Sensex, Nifty open marginally higher ahead of key GST meet
Mumbai: The Indian benchmark indices opened marginally higher on Tuesday as investors are keen on the two-day GST Council meeting this week, where a major rate overhaul is expected. As of 9.26…
- Business
GST revenue rises 6.5 pc to Rs 1.86 lakh cr in August
New Delhi: GST collection in August rose 6.5 percent to over Rs 1.86 lakh crore with increased domestic sales, and the upcoming festive season is likely to swell the kitty going forward.…
- Telangana
Telangana Dy CM Bhatti demands compensation for GST revenue losses
Hyderabad: Telangana deputy chief minister and finance minister Mallu Bhatti Vikramarka has raised serious concerns over the revenue losses faced by the state due to the Goods and Services Tax (GST) implementation…
- Technology
India growth forecast held at 6.3–6.8 pc despite steep US tariff risks
New Delhi: Chief Economic Advisor V Anantha Nageswaran on Friday exuded confidence that the Indian economy will grow at 6.3-6.8 per cent in the current fiscal as proposed GST rate cut is…
- Telangana
Telangana does away with transport check posts to improve efficiency
Hyderabad: Telangana’s Transport, Roads and Buildings department issued an order on Thursday, August 28, directing the removal of all transport check posts in the state. The move comes after the Union Ministry…
- Telangana
Telangana HC cancels wrongful GST notice, directs action on officer
Hyderabad: The Telangana High Court has recently come down strongly on GST authorities for issuing a tax recovery notice based on an outdated address, even though the trader had consistently submitted returns…
- India
Current govt formed through ‘stolen votes’: Rahul Gandhi
New Delhi: Congress leader Rahul Gandhi on Thursday alleged that the current government was formed through “stolen votes” and urged people to choose a dispensation that is “truly yours, takes responsibility and…
- Telangana
Telangana supports GST rate reforms, seeks compensation mechanism to protect state revenues
Hyderabad: Telangana on Thursday stated that it supports the proposed rate rationalisation as part of the GST reforms, but with a proper compensation mechanism. To achieve this, the state proposed that either…
- Business
India’s GDP growth projected at 6.7 pc in Q1 FY26: Report
New Delhi: India is expected to clock 6.7 per cent growth in the first quarter of the current fiscal (FY26), outpacing the RBI Monetary Policy Committee’s (MPC’s) recent forecast of 6.5 per…
- Stock Market
Nifty, Sensex open higher amid positive buzz on GST reforms
Mumbai: The Indian benchmark indices on Tuesday opened on a positive note, amid market enthusiasm regarding the upcoming Goods and Services Tax (GST) reforms. Sensex gained 195.01 points or 0.24 per cent…
- Telangana
Roll back 5 pc GST on handlooms: Telangana Textiles min to Centre
Hyderabad: Telangana’s Handlooms and Textiles minister, Tummala Nageswara Rao, has demanded that the Central government immediately withdraw the five percent Goods and Services Tax (GST) being imposed on handloom products to protect…
- Business
Sitharaman to attend GoM meeting on Aug 20, explain next-gen GST reforms
New Delhi: Finance Minister Nirmala Sitharaman will attend a crucial meeting of a state ministerial panel on August 20 to put forth the Centre’s proposal for sweeping GST reforms that will slash…
- India
GST rationalisation: Cars, two-wheelers likely to get cheaper
Mumbai: In the upcoming Goods and Services Tax (GST) rate rationalisation, the Centre is expected to lower the tax on passenger vehicles (PVs) and two-wheelers, making them more affordable ahead of Diwali.…
