The high-level consultation formed a critical part of the Commission's ongoing assessment of the financial landscape of the Centre and States. The deliberations mainly focused on three key areas: Union and State Finances, Local Bodies, and Public Sector Enterprises (PSEs), among others. The
Gross Goods and Services Tax (GST) collections for February 2025 saw a significant increase of 9.1 per cent compared to the same month last year, reaching approximately Rs 1.84 lakh crore, as per government data released Saturday.
India's electronic goods industry must work together towards more resilient supply chains, upgrade quality standards and provide high quality goods and services to the world at competitive rates, Union Minister of Commerce and Industry, Piyush Goyal said on Monday.
The discussions centred on ways to deepen collaboration, accelerate the flow of goods and services, and direct investments into priority sectors such as energy, logistics, food security and advanced technology.
Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation.
Goods and Services Tax (GST) collections in January, in gross terms, were at Rs 1.95 lakh crore, with a yearly jump of 12.3 per cent, according to data from the finance ministry released Saturday.
Ahead of the Union Budget presentation, Congress MP Jairam Ramesh said on Saturday the most important thing is that fundamental reforms are needed in Goods and Services Tax (GST).
In a landmark meeting, they passed a unanimous resolution urging the Group of Ministers (GoM) to abandon its proposal to modify Goods and Services Tax (GST) rates in the garment sector and retain the existing structure of 5 per cent and 12 per cent.
Goods and Services Tax (GST) collections in December, in gross terms, were at Rs 1.76 lakh crore, with a yearly jump of 7.3 per cent, according to data from the finance ministry released on Wednesday.
Congress leader Ranjeet Ranjan on Tuesday slammed the government over the move to have three different GST rates on popcorn and said people were already reeling under high prices and an effort is being made to divert from real issues.
Congress veteran and Rajya Sabha MP Jairam Ramesh on Sunday took a potshot over the GST Council's clarification on three different GST tax slabs for popcorn.