Search For "goods and services"
Bring GST under three-rate structure with moderation of rates: CII Preside
Updated : 1 year, 9 months ago IST
Ahead of the 53rd Meeting of the Goods and Services Tax (GST) council on June 22, the Confederation of Indian Industries (CII) has urged for a GST structure with three rates and moderation of the current rates.
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With Andhra under NDA governance, chances of bringing natural gas under GS
Updated : 1 year, 9 months ago IST
After taking charge of Petroleum Ministry for the second term, minister Hardeep Singh Puri said he will work to bring natural gas under Goods and Services Tax (GST). Currently, all petroleum products, alcohol and tobacco are out of the ambit of GST.
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Govt reduces natural gas price for June from USD 8.9/mmBtu to USD 8.44/mmB
Updated : 1 year, 9 months ago IST
The adjustment follows the new gas pricing mechanism implemented by the government, which sets a floor price of USD 4 per mmBtu and a ceiling price of USD 6.5 per mmBtu for domestic gas.
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India registers record export at USD 778 billion in 2023-24
Updated : 1 year, 10 months ago IST
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion.
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E-tailing sector in India projected to grow at 18 pc by 2028-29: Report
Updated : 1 year, 10 months ago IST
Electronic retailing (E-tailing) is the sale of goods and services through the Internet.
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Household spending may remain low but rural and luxury spending will impro
Updated : 1 year, 10 months ago IST
The report highlights that the growth in what households spend on goods and services is predicted to be quite small, only around 4-5 per cent more than the previous year. This is way less compared to the strong 6.5-7 per cent increase we saw each year from 2011 to 2020.
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"GST lowered taxes on many essential items compared to pre-GST rates" says
Updated : 1 year, 10 months ago IST
Union Finance Minister Nirmala Sitharaman shared a post on social media on Monday highlighting the two recent achievements in the Goods and Services Tax (GST) architecture.
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Retired justice Sanjay Kumar Mishra appointed as first president of GST tr
Updated : 1 year, 10 months ago IST
The tribunal will ensure swift, fair, judicious and effective resolution to GST disputes, besides significantly reducing the burden on higher courts. The establishment of the GSTAT would further enhance the effectiveness of the GST system in India and foster a more transparent and efficient
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Record GST revenue collection good sign for economy, say experts; suggest
Updated : 1 year, 10 months ago IST
With India registering the highest GST revenue collection for April this year at Rs 2.10 lakh crore, experts have said record collection has set the stage for pursuing forward-thinking reforms and signifies a potential turning point in the GST collection trajectory
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GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore
Updated : 1 year, 10 months ago IST
The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in April month. The GST collection has also registered a 12.4 per cent year-on-year growth.
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India must continue reforms, strive to create industrial revolution: Gurch
Updated : 1 year, 11 months ago IST
Emphasising the importance of keeping up the reforms momentum, noted author and economist Gurcharan Das has praised the central government for reforms such as the Goods and Services Tax (GST), which gave the country a unified tax structure, and the production-linked incentive or PLI scheme f
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Inflation dulls Eid festivities across Pakistan
Updated : 1 year, 11 months ago IST
The high cost of essential goods and services has strained household budgets, leaving many families unable to afford new clothes, gifts, and special Eid treats.
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