Before the 38th GST Council meeting on Wednesday, the centre has released another tranche of GST compensation to
Category: Fiscal Policy
Budget 2018: Food Subsidy is the star but may invite WTO attention

The focus of the budget was the government’s politically rewarding move to make an MSP policy of giving
GST revenue trends: Centre on the edge

The first four months’ GST revenue brings puts the central government on knife-edge as the revenue realization trend
Tax filings and advance tax payments goes up on demonetisation impact

Trends on tax filings indicate they have gone up significantly during the post-demonetisation. While the tax filings increased
Government warns companies on profiteering while making price adjustment with GST

Government today warned the retailors and manufactures against any profiteering during the GST transition phase. Companies should reduce
GST’s customization: India’s own version may test businesses adaptability

The GST is considered to be the ultimate tax reform in indirect taxes globally. Several countries have adopted
GST on the first day: biggies get ready; small firms struggles

The first day of GST indicates difficulties for small firms as most of them report lack of idea
India enters the GST era

The Goods and Services Tax (GST)’s life starts on July first as the centre and states decided to
GST: tax rate on 66 items reduced and relief to small enterprises enhanced

The GST Council’s 16th meeting on Sunday has brought down tax rate on 66 items in a fine-tuning
Anti-profiteering body is the next big work for the GST Council

When the government is targeting on an anti-inflationary GST system, it is necessary to ensure that tax reduction