India's GST Growth Slows To 7.3% In December, Collection At Rs 1.77 Lakh Crore: Will It Rebound In March Quarter?
India's gross GST collection for December 2024 rose 7.3% year-on-year to Rs 1.77 lakh crore, despite a significant increase ...
High GST rate on luxury goods is counter-productive
In contrast, Canada imposes a uniform 5 per cent GST on most goods and services. Singapore has a uniform GST of 9 per cent.
BBC2y
India GST: The ‘cheesy’ row over pizza toppings tax in India
It was a dispute over the rate of Goods and Services Tax (GST) that they attracted. Since it was introduced five years ago, the nationwide uniform levy has helped boost India's taxes: the GST is ...
The week in charts: Informal jobs, GST tangle, export reset
Plain Facts publishes a compilation of data-based insights, with easy-to-read charts, to help you delve deeper into the ...
Centre, states collect gross GST revenue of ₹1.76 trillion in December
The total gross GST revenue grew 7.3% to ₹1.77 trillion in December as compared to ₹1.65 trillion in the same month a year ...
Business Today9mon
Economic Indicators Economic Indicators
Central banks and policymakers monitor reserves closely and adjust their levels based on changing economic conditions, exchange rate dynamics ... GST was introduced in India on July 1, 2017.
The Financial Express20d
Rationalised GST rates key for jobs and growth
On July 1, 2017, the Indian government took a huge step forward by introducing Goods and Services Tax (GST), replacing ... potential. India has one of the highest tax rates for carbonated soft ...
Indiatimes24d
Indian retailers state that introduction of a 35% GST slab and pricing-based rate structure will have adverse impact
The Indian Sellers Collective has urged the Finance minister and GST Council to reject the GoM's recommendations on GST rate rationalisation ... President AICPDF (All India consumer products ...
Reuters13d
How to tax popcorn? India's formula sparks outrage against GST system
NEW DELHI, Dec 23 (Reuters ... attract a 5% GST, pre-packaged and branded popcorn 12%, and caramel popcorn, categorised as a sugar confectionery, 18%. The differential rates come into effect ...
Yahoo Finance18d
India’s tax panel may cut GST on online food delivery charges
India's tax panel is considering a proposal ... be able to claim input tax credit (ITC) under the reduced rate when filing their GST returns. The impact of the proposal extends beyond consumer ...
Hindustan Times14d
GST Council rejigs rates, defers call on insurance
The GST council deferred several contentious issues such as tax rate rationalisation ... MS Mani, Partner at Deloitte India, said, “While there is now an inevitable delay in the decision ...
Reuters20d
India tax panel may consider lowering GST on online food delivery fees, report says
NEW DELHI, Dec 16 (Reuters) - India's GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5% from 18%, CNBC-TV18 reported ...