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According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Budget 2018: GST revision concerns retailers

Gold jewellery retailers said they prefer old tax of one per cent on ornaments instead of three per cent.

1 Feb 2018 10:23 AM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

Rs 20,000 cr surplus in GST compensation cess fund as of end-Mar

For 2018-19, the government has budgeted to collect Rs 61,331 crore as GST compensation cess.

27 April 2018 4:09 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST, note ban brought 1.8 mn more people into I-T net: India

GST has led to a 50 per cent increase in the number of indirect taxpayers.

27 April 2018 12:27 PM IST

The government on Monday said the re-introduction of the e-way bill system for GST has been smooth with no technical glitches.

E-way bill rollout on Monday in four states: Govt

As on April 22, more than 1,84,000 e-way bills have been successfully generated.

24 April 2018 9:25 AM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Petroleum products need to be brought under GST: Pradhan

The prices of petroleum products are all time high in past four years in international market.

21 April 2018 10:19 AM IST

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

Realty projects post-GST will benefit: Report

Currently, there is 12 per cent GST on residential projects excluding land cost.

18 April 2018 1:41 AM IST

GDP numbers scheduled to be released on May 31.

World Bank predicts 7.3 per cent growth for India

The apex international financial institution forecasted a rate of growth of 7.5 per cent for 2019 and 2020.

17 April 2018 10:00 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GoM to meet today, discuss simplification of GST returns

GST Council in its last meeting had decided to defer reverse charge mechanism (RCM) until June 30.

17 April 2018 9:52 AM IST

Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP) (Photo: PTI)

Implementation of GST not 'unfixable' problem: Rajan

Modi government bringing in ambitious reforms like GST and demonetisation, says Rajan.

12 April 2018 4:12 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Pradhan for inclusion of petroleum products in GST ambit

The state governments are gradually making up their mind in this direction.

6 April 2018 9:12 AM IST

According to the World Steel Association, India produced 8.4 million tonnes of crude steel in February 2018, up 3.4 per cent over February 2017.

India pips Japan, becomes 2nd top crude steel maker

He said the steel ministry is working proactively to lay down the road map to achieve 300 million tonnes by 2030.

5 April 2018 5:05 AM IST

Vendors and small traders at major city markets complained that their business was hit even on weekends as they ran out of changes. (Photo: PTI)

Small traders to be exempt from GST registration

The facility may also be extended to micro firms that make inter-state supply.

31 July 2018 9:18 AM IST