Some experts see significant positives, other believe problems associated with older policy will persist
Industry body Ficci in a letter to the finance ministry on Monday said that 5 per cent GST on non-ICU hospital rooms above Rs 5,000 will increase the cost of healthcare services
Congress attacked government for its decision to withdraw GST exemptions on items such as pre-packed wheat flour, and asked why further deliberations were ordered for deciding the tax rate for casinos
A lot of work still needs to be done to prune GST-exempted items, especially in the services sector, Revenue Secretary Tarun Bajaj said on Tuesday
CII's President Sanjiv Bajaj pitched for simplification of GST structure, and suggested electricity as well as fuel should be brought under GST as that will help make the industry more competitive.
But the government is open to discussing narrowing down the three slabs of 5, 12 and 18 per cent into two, he said while addressing industry leaders
Ficci bats for zero GST on health care in letter to FM; CAIT against tax tweaks on food items
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On the industry demand for bringing petroleum products under GST net, Tarun Bajaj said since fuel constitutes a larger part of their revenues, both the Centre and states have some apprehension
The central government is planning to make GST e-invoicing mandatory for companies with a turnover of Rs 5 crore and above, a government official said. Read more on this in our top headlines
The finance minister recently called her experience as the chairperson of GST Council humbling. After the initial teething troubles, GST completed five years last week. A peek into the journey so far
At present, any firm with Rs 20-crore turnover is mandated to file this
Under the political agenda, the party is likely to hold discussions over their presidential candidate Droupadi Murmu and the recently formed BJP government in Maharashtra, according to the sources.
In an exclusive interview with BS, Sitharaman said the first quarter lethargy is something which the Centre and the states will have to work on
India's factory output expanded at its slowest pace in nine months in June. More on that in our top headlines
Goyal said another big advantage is for the small retailers who are very keen to engage with ecommerce
Says it will build a robust tax system without being intrusive
'Implementing GST was challenging in a country like India, which follows a federal structure'
Goods and Services Tax: Here's a look at the journey so far
Shrinking fiscal space has brought states on a collision course with the Centre