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First in the fiscal year, GST revenue in October crosses Rs 1 lakh crore

First in the fiscal year, GST revenue in October crosses Rs 1 lakh crore

The revenues for the month are 10 per cent higher than the GST revenues in the same month last year

2 Nov 2020 10:12 AM IST

Another round of unrest around GST

Another round of unrest around GST

31 Oct 2020 11:29 PM IST

Uddhav Thackeray wants Centre to switch to old tax system if GST has failed

Uddhav Thackeray wants Centre to switch to old tax system if GST has failed

Mumbai: In a significant statement, Shiv Sena President and Maharashtra Chief Minister Uddhav Thackeray on Sunday said...

26 Oct 2020 11:26 PM IST

Revert to the old tax system, if GST has failed: Thackeray

Revert to the old tax system, if GST has failed: Thackeray

Mumbai : Maharashtra Chief Minister Uddhav Thackeray on Sunday urged the Centre to revert to old tax system, if GST...

26 Oct 2020 9:39 AM IST

GST shortfall: Center to borrow ₹1.1 lakh crore

GST shortfall: Center to borrow ₹1.1 lakh crore

New Delhi: In order to bridge the shortfall in GST revenues, the Central government will borrow up to Rs 1.1 lakh crore...

16 Oct 2020 3:07 PM IST

Centre want 20 states borrow to meet GST compensation shortfall

States like Kerala, and Punjab wanted the Centre to borrow and pay GST compensation to them rather than putting the...

13 Oct 2020 10:23 PM IST

GST Council to meet again on Oct 12 over compensation plan

At Monday's meeting, the Council also recommended extension of GST cess beyond the transition period of five years

5 Oct 2020 10:01 PM IST

Centre spent GST Compensation Cess fund elsewhere, violated law: CAG

Centre spent GST Compensation Cess fund elsewhere, violated law: CAG

The public auditor said that the Ministry of Finance has accepted the audit observation

26 Sept 2020 2:00 PM IST

TRS to raise GST issue in Parliament, oppose power reforms

TRS to raise GST issue in Parliament, oppose power reforms

Hyderabad : The Telangana Rashtra Samithi (TRS) on Thursday decided to raise various issues including GST dues of the...

11 Sept 2020 8:10 AM IST

Faulty GST destroyed informal economy, alleges Rahul

Faulty GST destroyed informal economy, alleges Rahul

New Delhi : Keeping up his attack on the government, former Congress President Rahul Gandhi has slammed the Modi...

6 Sept 2020 12:54 PM IST

It is the people who suffer from Centre's GST stand

The GST law does not provide for any of the unforeseen disasters (acts of God) mentioned by the finance minister.There...

31 Aug 2020 12:54 PM IST

Centre communicates borrowing options to settle GST compensation to States

A meeting of State Finance Secretaries with the Union Finance Secretary and Secretary (Expenditure) has also been...

29 Aug 2020 8:34 PM IST

Disappointed, say Congress-ruled states after GST Council meet

Disappointed, say Congress-ruled states after GST Council meet

They called the Centre's proposals on their pending GST compensation cess as "unfortunate"

28 Aug 2020 9:27 AM IST

Defaulter Centre proposes 2 options to resolve compensation cess issue

The first option given by the Centre is to provide a special borrowing window to states, in consultation with the RBI,...

27 Aug 2020 6:55 PM IST

Not paying compulsory GST compensation to states betrayal on part of Modi govt: Sonia

Not paying compulsory GST compensation to states betrayal on part of Modi govt: Sonia

"GST was enacted as an example of "cooperative federalism" and it came into existence because states agreed to forego...

26 Aug 2020 5:52 PM IST

Covid impact: GST collection drops 14% to Rs 87,422 cr in July

Covid impact: GST collection drops 14% to Rs 87,422 cr in July

The revenues during the financial year has been impacted due to COVID-19, firstly due to the economic impact of the...

2 Aug 2020 5:52 PM IST