Page 17 - Gst

Five years of GST: Chidambaram to Sitharaman, the people behind the reform

The benefits of GST will positively ensure it to be 'Good and Simple Tax' for citizens of India, says Prime Minister Narendra Modi on the eve of the GST launch

GST: What lies ahead for India's most ambitious indirect tax reform?

The continuation of a business-as-usual approach can undermine the GST's ability to either raise revenues for the government or improve the ease of doing business

Five years of GST: The still good, but not-so-simple indirect tax

The GST is still paying the price for govts talking the talk of a good and simple tax on July 1, 2017, but not walking the walk thereafter

Five years of GST: Collections up, but filings decline, shows data

A Business Standard analysis found that returns filed under GSTR-3B declined 13.8 per cent YoY in FY22

Five years of GST: Mistakes that have made the regime a disappointment

Addressing mistakes made while introducing the tax and getting back to a revenue-neutral rate(s) constitute the agenda that awaits attention

Top headlines: 5 years of GST and what lies ahead for the tax reform

In the last five years, since its launch in July 2017, the GST journey has been difficult for both economic and political reasons. Read more on five years of GST in our top headlines

A fast-paced study on India's public finances

In places, Dr Rao rushes through the conclusions as well, not giving enough time to explain the rationale behind the conclusion

Best of BS Opinion: Next stage for GST, India's health disorder, and more

Here are the top BS Opinion articles of the day

What are the key takeaways from the 47th GST Council meeting?

The 47th GST Council meeting took a host of decisions that will affect everyone. This report tells about the key outcomes of the meeting and its likely impact on the stakeholders

Small traders to gain in GST relief for e-commerce sellers, transport

For the transport sector, the council lowered GST to 5 per cent from 18 per cent on ropeways, renting of goods carriage, including fuel cost

GST council meeting takes no decision on extending compensation to states

New rates for some items, removal of exemptions with effect from July 18

Surat's textile hub consolidated as small players failed to survive GST

This ground report from the diamond city captures the travails of small-scale units

Next stage for GST

Rate rationalisation will be critical

GST: More than just a tax reform

Going forward, we also need to look at inclusion of items in the GST from a larger macro perspective

About a dozen states seek extension of GST compensation; no decision taken

With two years being lost in the pandemic, states have sought an extension of this compensation mechanism

Rate tweaks to make up for inefficiencies in value chain: FM Sitharaman

Stating that all states are aware of the potential impact of rate rationalisation on inflation, Sitharaman said any increase in tax rates will also make up for the tax burden.

Top headlines: GST on casinos deferred; marketing freedom to oil producers

Briefing reporters about deliberations at the two-day meeting of the GST Council, Finance Minister Nirmala Sitharaman said finance and other ministers of 16 states spoke on the compensation issue

PM's 'Gabbar Singh Tax' is now turning into 'Grahasti Sarvnaash Tax': Rahul

"Declining income and employment, topped with rising blow of inflation. The Prime Minister's 'Gabbar Singh Tax' has now taken a formidable shape of 'Grihasthi Sarvnaash Tax'," Gandhi said on Twitter.

GST Council: Stormy discussion around states' compensation likely today

States will demand an extension of the compensation period or a change in the GST revenue distribution formula

Top headlines: 28% tax on online gaming, Dish TV-YES Bank tussle, and more

Business Standard brings you the top headlines at this hour