Record H1 GST sets stage for greater buoyancy, eco recovery
Gross GST revenue at ₹6,82,365 crore in H1 FY22, against ₹6,06,294 crore in the pre-pandemic period of H1 FY20
goods and services tax
October 2021
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Budget 2021: Industry seeks tax clarity and relief
Considering the adverse effects of the Covid-19 pandemic and the ensuing recession, businesses hope for this Budget to be a game changer.
FY21 fiscal deficit seen at 7.6% of GDP
Motilal Oswal Financial Services estimates India’s fiscal deficit at ₹14.6 lakh crore in FY21, while GDP could contract by 6.5% against its earlier estimated decline of 4.7%.
Lessons from current trends in economic policymaking
The degree to which ethical violations were seen in the implementation of demonetisation presents a strong case for incorporating an ethical, narrative-based approach to economic policymaking.
HUL accused of making Rs 330 crore in undue profits from GST cut
Directorate General of Anti-profiteering charges FMCG giant with not passing on benefits to consumers
‘Fuel likely to be under GST by FY19 end’
The law firm adds that streamlining the GST refund process is the need of the hour.
Items in highest GST slab to be pruned
Arun Jaitley, the Union finance minister, has proposed new changes the goods and services tax (GST). He wants to prune the number of items in the top 28% tax bracket.
