Big Bang Reform: Finance Ministry Proposes Two-Slab GST System After PM Modi’s Speech
"Finance Ministry proposes two-slab GST with major tax cuts by Diwali, following PM Modi’s pledge of relief for common man and small businesses."
"Finance Ministry proposes two-slab GST with major tax cuts by Diwali, following PM Modi’s pledge of relief for common man and small businesses."
Assam CM Himanta Biswa Sarma defended the GST in response to Congress leader Rahul Gandhi’s repeated criticism of the GST regime, particularly his description of it as “Gabbar Singh Tax”.
The Central GST collection stood at Rs 33,821 crore, State GST at Rs 41,864 crore, Integrated IGST at Rs 99,111 crore and cess at Rs 12,550 crore during the month.
All the traders involved were found to be holding substantial quantities of unaccounted stock and were conducting numerous unbilled transactions.
The company has received a communication/demand order for interest and penalty from the Additional Commissioner, Central Goods & Service Tax, Gandhinagar on January 3, 2024
This controversial practice has raised significant concerns among regulatory authorities and public health advocates
The total revenue of Centre and the States in October stood at ₹72,934 crore for CGST and ₹74,785 crore for SGST