The Latest Breaking News from GST

‘The complex scheme has wrecked the economy’

Commissioner of Central GST also honoured six women achievers from various fields

KMF plans to appeal against removal of exemption given earlier

GST Day will be celebrated in Belagavi on July 1 to mark completion of five years of Goods & Services Tax

After incurring huge revenue loss in the two years of the COVID-19 pandemic, States have sought an extension of the compensation mechanism for another five years, till 2027

Minister raises the issue during GST Council meeting in Chandigarh 

"Post decision of the SC, it has become imperative for the GST council to take every decision by consensus and to leave aside any shade of majoritarianism, not only for the future credibility of GST council but also to uphold the rich tradition of this august body"

Bengaluru

 States should get direct taxation powers, extension of revenue guarantee, says Praveen Chakravarty, Chairman of the Congress Data Analytics Department

The Finance Minister should do away with all the confusing tax slabs in one fell swoop

It will seek an extension to submit its final report, they said, adding issues of tax rates will also be raised in the upcoming Council meeting later this month.