Gst  

Gross GST revenue collection in November stood at nearly Rs 1.05 lakh crore
 

The festive season has helped a sagging Indian economy revive  

Gross GST revenue has crossed the Rs 1 lakh crore for the first time since February 

Nirmala Sitharaman also pitched for rationalisation of GST rates once a year and not every three months as was the trend so far 

The Ministry of Tourism, under the Swadesh Darshan scheme, is developing thematic circuits in the country in planned and prioritized manner. Under the scheme, fifteen thematic circuits have been identified for development.

Late Arun Jaitley will be remembered as the finance minister, who brought India under one unified indirect tax regime by introducing Goods and Services Tax (GST) and other significant economic reforms. As the day marks the presentation of Union Budget 2020, let's look at key economic reforms introduced by former finance minister.

Since the finance minister, Nirmala Sitharaman, is also the chairperson of the GST Council, she could not have headed the GoM panel, the GST Council said.

Finance minister Nirmala Sitharaman conducted a meeting to make filing of GST more user-friendly. During the meeting, a live demonstration was conducted where the representatives tried to file returns and they expressed their concerns during the exercise.
 

While PM Narendra Modi congratulated Nobel prize winner Abhijit Banerjee handsomely, former AICC president Rahul Gandhi chose to belittle Narendra Modi in his congratulatory message, only exposing his mediocre position.  

The effects of the Indian government’s announcement of revised corporate tax cuts continued on Monday as the Sensex gained over 1,400 points by the afternoon     

Direct Tax and GST collection is also likely to miss targets as well, adding to the pain
 

The decision was taken at a meeting of the state cabinet, chaired by Chief Minister Devendra Fadnavis.

The GST council had permitted the state government to levy 1% cess on goods and services in Kerala to mobilise resources for rebuilding the flood-hit state. August 1, 2019 marks the first year since Kerala had been hit by floods.

Rahul Bose’s video on the two bananas he ordered at JW Marriott, Chandigarh not only went viral, but also ensured action against the five-star hotel for charging GST on fruits, which has now cost the hotel Rs 25,000 for charging the actor Rs 442
 

With the reduction in GST rates of electric vehicles (EV) from 12% to 5%, more people are expected to purchase the same. Moreover, local authorities can hire EVs without paying GST