Crisil Ratings reports that the domestic cigarette industry is preparing for a 6-8 per cent volume reduction in the next fiscal year. This follows the imposition of additional excise duties and an increase in GST rates effective February 1. Under the new tax structure, the compensation ce
New Delhi [India], July 21 (ANI): AAP MP Sanjay Singh sought permission from the Rajya Sabha Chairman on Thursday to raise the issue of 'Misuse of Directorate of Enforcement (ED) by the central government' during the zero hour.
New Delhi [India], July 20 (ANI): Aam Aadmi Party (AAP) Rajya Sabha MP Sanjay Singh on Tuesday gave an adjournment motion notice under Rule 267 to discuss the increased GST on food items and rising inflation.
New Delhi [India], June 1 (ANI): The gross revenue collection from goods and services tax (GST) surged to Rs 1,40,885 crore in May 2022, posting a year-on-year increase of 44 per cent, the government data showed on Wednesday.
New Delhi [India], April 25 (ANI): Regarding reports in a section of the media that feedback has been sought from States on raising GST rates on 143 items, the Finance Ministry on Monday clarified that no feedback from States has been sought on the GST rates for any specific items and the re
New Delhi [India], October 5 (ANI): An immediate refund of Goods and Services Tax (GST) can increase the overall GDP by 2 per cent, exports by 7 per cent, aggregate imports by 6 per cent and overall employment by nearly 4 per cent, according to a new study by Export-Import Bank of India (Ind