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"goods-and-services-tax"

  • Aviation ministry exploring bringing jet fuel under GST

    ATF or jet fuel cost, which account for for 45%-55% of an airline's operating expenses, in India is among the highest in the world and the industry has long been demanding that it should be brought under GST
  • Concerns of telecom sector not addressed in Budget: COAI

    "We are a bit disappointed that concerns of the telecom sector, which is the backbone of digital India, remained unaddressed," S.P. Kochhar, Director General, COAI, said in a statement.
  • Excise duty collection jumps 48 per cent

    Excise duty collection during April-November 2020, was at Rs 1,96,342 crore, up from Rs 1,32,899 crore mop-up during the same period in 2019,
  • Include natural gas under GST: Industry

    Natural gas is currently outside the ambit of GST, and existing legacy taxes -- central excise duty, state VAT, central sales tax -- continue to be applicable on the fuel
  • Tribal artisans asked to make use of government schemes

    Kothagudem: Tribal artisans have been asked to make use of government schemes to improve their skills and to reach a wider customer base. Awareness programme on e-marketing and one stop Government e-Marketplace (GeM) portal, Goods and Services Tax (GST) and schemes being implemented by the Development Commissioner (DC) (Handicrafts) was organised at Women Empowerment Centre […]
  • GST revenues cross trillion mark for second straight month

    Collections of tax on the sale of goods and rendering of services came in at Rs 1,04,963 crore in November
  • Penalty for non-compliance with QR code provisions waived

    It would be mandatory for businesses to follow the QR code provisions from April 1, 2021 to avail this penalty waiver
  • Economy coming on track: Prakash Javadekar

    An increase in rail freight collection, higher goods and services tax mop-up, rise in power demand and improved FDI inflows indicate that the economy was doing better, said Union Minister
  • Long road to recovery

    Centre must increase public spending to stimulate demand and strengthen growth momentum
  • GST Council to discuss compensation issue on Monday

    Council, chaired by Finance Minister Nirmala Sitharaman and comprising of state finance ministers, will for the third time in a row discuss the issue of funding the shortfall of GST revenue of states
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