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Capital Expenditure, reduction in GST, things India's middle class expects from budget 2022

23 Jan 2022 7:06 AM GMT
Union Finance Minister Nirmala Sitharaman to take a capex route and spend on capital assets and infrastructure projects,

GST Council decides to defer hike on textiles from 5% to 12%

31 Dec 2021 8:36 AM GMT
The matter will be discussed again in the next Council meet in February 2022 for future roadmap.

Nirmala Sitharaman chairs 46th GST council meet ahead of Union Budget 2022

31 Dec 2021 6:50 AM GMT
The 46th meeting of the Central Goods and Services Tax (GST) Council, chaired by Union finance minister Nirmala Sitharaman, is underway in New Delhi...

GST raised from 5% to 12% from January 1, 2022, apparel and footwear will become more expensive.

21 Nov 2021 9:16 AM GMT
From January 2022, the GST rate on garments of any value has been raised to 12 percent from 5 percent, with a cost of up to Rs 1,000 per piece.

GST Council meet begins: Focus on aid for Covid drugs, petrol under tax regime

17 Sep 2021 9:27 AM GMT
The crucial meeting of the GST Council was underway in Lucknow on Friday.

Today on the occasion of GST Day, Government to honour tax payers

1 July 2021 4:11 AM GMT
The Goods and Services Tax (GST) system, country’s biggest tax reform, is going to complete four years today.

Union Budget 2021: Automobile industry optimistic about recovery from pandemic

27 Jan 2021 4:29 AM GMT
vv. As the year 2021 unfolds, the Indian auto industry is optimistic to recover from the throes of the further downturn caused by COVID-19 pandemic....

GST collections over Rs 1 lakh crore for second consecutive month

2 Dec 2020 5:34 AM GMT
Finance Ministry has said that Revenue from the Goods and Services Tax(GST) exceeded One Lakh Crore Rupees for the second consecutive month. The...

GST collection touches 8 month high of over Rs One lakh crore in October

2 Nov 2020 5:42 AM GMT
Finance Ministry has said that 1 lakh 5 thousand 1 hundred 55 crore rupees of gross GST revenue has been collected in the month of October this year....

GST collections may cross Rs 1 lakh-crore mark for the first time in 8 months

24 Oct 2020 5:42 AM GMT
Goods and Services Tax (GST) collections, a barometer of economic health, are expected to exceed Rs 1 lakh crore in October for the first time in...

Finance Ministry allows 20 States to raise over Rs 68,000 Cr through open market borrowings

14 Oct 2020 5:42 AM GMT
PicThe Department of Expenditure in the Ministry of Finance yesterday granted permission to 20 States to raise an additional amount of 68 thousand 8...

FM: GST compensation gap of over Rs two lakh crore can be met by states in consultation with RBI

28 Aug 2020 5:41 AM GMT
States have been given two borrowing options to meet shortfall of GST compensation. After chairing the 41st GST Council meet yesterday, Finance...