Goods And Services Tax | The Asian Age

Wednesday, May 08, 2024 | Last Update : 10:43 PM IST

goods and services tax Page-5

Liquidity relief on the way for exporters

The Directorate General of Foreign Trade (DGFT) last week flagged liquidity woes faced by exporters with the finance ministry.

14 Feb 2019 1:54 AM

Deputy Chief Minister O Panneerselvam. (Photo: File)

Delay in release of GST share impinging TN finances: O Panneerselvam

The fiscal deficit as per the budget estimates of 2019-20 was expected to be at Rs 44,176.36 crore.

08 Feb 2019 2:33 PM

Third time in current fiscal that revenues from Goods and Services Tax (GST) have crossed Rs 1 lakh crore.

GST mop-up rises to Rs 1.02 lakh cr in January

The total number of sales return or GSTR-3B filed for the month of December up to January 31, 2019 is 73.3 lakh.

02 Feb 2019 2:55 PM

Inspite of the GST revenue shortfall, the Interim Budget has estimated an 18.2 per cent growth in GST at Rs 7.64 lakh crore for the next fiscal. (Photo: File)

NDA bets big on tax revision despite Rs 1 lakh crore shortfall in mop-up

During the interim budget, the gross tax revenue after the budget estimation stood still at Rs 25.5 lakh crore.

02 Feb 2019 1:34 PM

Piyush Goyal also praised PM Modi's way of doing his work continuously, and to take development to every single person across the field. (Photo: PTI)

Budget 2019: Goyal lambasts opposition, highlights NDA's achievements in last 5 yrs

Government successfully reduced inflation rate to 4.5 per cent from 10 per cent.

01 Feb 2019 6:27 PM

Increase in disposable income in the hands of both middle class and rural India is definitely going to spur demand.

Farmers, middle class-friendly Budget to boost economic growth: India Inc

Farmers and workers in unorganised sector leading to more disposable income in their hands, India Inc.

01 Feb 2019 4:39 PM

Goyal added that GST has resulted in increased tax base, higher collections and ease of trade. (Phtoto: Representational/PTI)

Budget 2019: GST exemption doubled from Rs 20 to 40 lakhs for small traders

GST rate has been continuously reduced, providing relief of about Rs 80,000 crore annually to consumers.

01 Feb 2019 2:59 PM

The budget, which was focused on giving big push to investment in agriculture, small and medium industries, and health sectors, is NDA government’s last budget before the general elections. (Photo: ANI | Twitter)

Budget 2019: Full text of finance minister Piyush Goyal’s speech in Parliament

Union finance minister Piyush Goyal presented the interim Budget for 2019-20 in the Lok Sabha on Friday.

01 Feb 2019 2:47 PM

Goyal said the GST has been continuously reduced, resulting in relief of Rs 80,000 crore to consumers.

Budget 2019: Direct tax collection shoots up to Rs 12L cr from Rs 6.38 lakh cr

GST collections in January 2019 has crossed Rs 1 lakh crore.

01 Feb 2019 1:43 PM

98 per cent rural sanitation coverage achieved, Interim Finance Minister Piyush Goyal said. (Photo File: Ani Twitter)

Union Budget: Here's what's good and bad

Goyal presented Budget in a last ditch bid to woo the electorate with several popular measures.

01 Feb 2019 12:39 PM

The Interim Budget, also known as a vote on account, will seek the Parliament’s nod for meeting the expenditure for the first six months of new fiscal—2019-20. (Photo: ANI)

Union Cabinet approves interim Budget 2019-20

A full-fledged Budget will be presented in Parliament once the new Central government is formed after the General Elections.

01 Feb 2019 11:20 AM

Piyush Goyal, the interim finance minister, will present the 2019-20 budget to parliament, in the absence of Finance Minister Arun Jaitley, who is currently in the United States for medical treatment. (Photo: PTI | File)

Interim Budget 2019: Highlights

Govt is set to step up rural welfare spending by 16 per cent for the fiscal year beginning April to 1.3 trillion rupees.

01 Feb 2019 9:33 AM

The centralised authority as an appellate body will only take up cases wherein the Authority for Advance Ruling (AAR) of two states have passed divergent orders.

Cabinet clears setting up of centralised GST appellate authority

The setting up of a centralised AAAR would require amendments to the GST Acts.

23 Jan 2019 1:36 PM

India’s growth in recent times has been consumption-led and demonetisation and the Goods and Services Tax had enfeebled the spending capacity of consumers.

No jobs in manufacturing

The government needs to build on the steps it has taken to boost the ease of doing business.

13 Jan 2019 6:40 AM

The GST Council doubled the GST exemption limit to Rs 20 lakh for north eastern states and Rs 40 lakh for the rest of the country.

GST exemption limit doubled to give relief to small businesses

GST Council hikes annual turnover for availing composition scheme to Rs 1.5 crore from Rs 1 crore.

10 Jan 2019 4:00 PM

The council, among other things, would also discuss lowering GST on under-construction flats and houses to 5 per cent from 12 per cent.

Ministerial panels on GST relief to MSMEs, levy of calamity cess to meet on Sunday

The decisions of the two ministerial panels would be placed before the GST Council when it meets next on January 10.

05 Jan 2019 3:21 PM

The next GST council meeting is scheduled in January where a new composition scheme will be framed for small services providers.

GST rates may get political tinge in election year

The GST council’s fitment committee would take a final decision with all states on board.

31 Dec 2018 11:03 AM

GST standard rate to be fixed between 12-18 pc as revenues increase: Jaitley

The GST Council in its last meeting cut rates on 23 items, thereby trimming the 28 per cent slab.

24 Dec 2018 12:44 PM

It would be interesting if the bureaucrats or whoever designs the GST and does the tweaking could explain why some taxes are reduced and others are not.

GST tweaking may worsen cash crunch

Modi obviously has his eye on the 2019 elections that are barely four months way as he seeks to woo the middle class.

24 Dec 2018 12:00 AM

Prime Minister Narendra Modi. (Photo: Twitter | ANI)

Working to bring 99 per cent things in sub-18 per cent GST slab: PM Modi

GST was framed according to the existing VAT or excise tax structures exercised in those respective states.

18 Dec 2018 1:43 PM

5 of 21

Columns

Abhijit Bhattacharyya