President Pranab Mukherjee on Thursday gave assent to Constitution Amendment Bill on Goods and Services Tax, a major step towards rolling out the new indirect tax regime which the Modi government......
In the biggest tax reform since Independence, the national sales tax or GST Bill was on Wednesday approved by the Rajya Sabha to replace a raft of different state and local taxes with a single......
Prime Minister Narendra Modi-led National Democratic Alliance government sailed through its first floor test in Lok Sabha by defeating the no-confidence motion moved by Telugu Desam Party on......
The Centre is likely to introduce the Central GST and integrated GST bills in late November or early December in the ongoing session in the form of money Bills. The Centre has circulated the draft......
The Constitution does not provide for a parallel levy of indirect taxes by the Centre and states, a pre-requisite for the roll-out of goods and services tax in the country. The government......
They are evaluating realignment of warehouses and supply chains, besides exploring locations to set up hubs and shutting down some distribution centres Fast-moving consumer goods (FMCG) companies......
GST collection in April rose by 12 per cent annually to over Rs 1.87 lakh crore, touching an all-time monthly high, showed finance ministry data released on Monday. Illustration: Dominic......
The collections from Goods and Services Tax (GST) grew by 15 per cent to over Rs 1.49 lakh crore in December 2022, indicating improved manufacturing output and consumption demand, besides better......