Tobacco products, including cigarettes and pan masala, contribute substantially to government tax collections. (AI image) India may explore increasing the goods and service tax (GST) on tobacco products, including cigarettes,…
New Delhi: Finance minister Nirmala Sitharaman dismissed concerns over any rise in Goods and Services Tax (GST) rates, claiming that not even one item has seen an increase since the…
GST reforms: The primary objective will be to restructure the tax slabs to ensure meaningful outcomes. More tax relief coming soon? The Narendra Modi government, having provided substantial relief in…
Revenue secretary Sanjay Malhotra (File photo) NEW DELHI: Government on Monday sprung a surprise by naming revenue secretary Sanjay Malhotra, 56, as the 26th Reserve Bank of India governor to…
The Group of Ministers (GoM) on GST rate rationalisation has decided to increase tax on aerated beverages, cigarettes, tobacco and related products to 35 per cent from the current 28…
NEW DELHI: Goods and Services Tax (GST) collections in October, in gross terms, were Rs 1.87 lakh crore, an 8.9 percent increase from the previous year, according to data from…
The Group of Ministers (GoM) on GST rate rationalisation on Saturday discussed potential changes in tax rates for various goods which can generate additional revenue of Rs 22,000 crore, according…
NEW DELHI: The GST Council on Monday reduced the levy on some cancer drugs and travel by helicopters on a 'seat-share basis' to 5%, and lowered the tax on namkeen…
2 min read Last Updated : Sep 08 2024 | 8:12 PM IST Delhi Finance Minister Atishi on Sunday said she will raise the issue of imposition of GST…
GST Collections: The Goods and Services Tax (GST) collections in August 2024 witnessed a 10% increase compared to the same period last year, amounting to Rs 1,74,962 crore. This growth…