Indirect Tax Regime

August GST mop-up Rs 90,669 cr; July transitional claims Rs 12,000 cr, not Rs 65,000 cr, says govt

As per the tax sharing formula, the Centre will compensate states for any revenue loss calculated on a base year of 2015-16 and assumed revenue growth of 14 percent.

Opposition in Rajya Sabha raises concerns over anti-GST protests by textile traders

Opposition in the Rajya Sabha today raised the issue of protests across the country by textile manufacturers and traders against GST

Without GST, business in J&K may be hit; industry body says onus on politicians for any short supply

The Jammu Chamber of Commerce and Industries president also advised all the politicians whether in mainstream or in separatist politics, not to confuse the situation if they cannot help the situation otherwise.

Post GST rollout, consumer durable cos say operations to take 3 months to normalise

Expressing similar views, Videocon COO C M Singh said traders are focusing on liquidating their stocks

GST Bills passed in Lok Sabha; Parliament may lose powers, warns Congress

Replying to the seven-hour-long debate, Finance Minister Arun Jaitley said the GST which will usher in a uniform indirect tax regime in the country and will make commodities "slightly cheaper".