The GST Council on Saturday held a meeting in New Delhi and decided to slash rates for items from 28 per cent. Union Finance Minister Arun Jaitley held a press conference after the meeting wherein he informed that the GST council has not increased any rates, rather have brought down several.

GST council slashes rates of 7 items from 28%; movie tickets, TV screens likely to get cheaper

GST rates cut on 33 items; 7 items moved from 28% GST rate

The GST Council on Saturday held a meeting in New Delhi and decided to slash rates for items from 28 per cent. Union Finance Minister Arun Jaitley told media that rates on 23 commonly used goods and services, including TV screens, movie tickets and power banks have been slashed in a move billed to bring relief to the common man.

Revised GST rates: What is likely to become cheaper

Former Chief Economic Advisor to the government, Arvind Subramanian, on Sunday said that the GST could have done more on the lines of what he had recommended initially.

GST could have done more on what I had initially recommended: Former chief economic advisor

The Goods and Services Tax (GST) has been hailed as the biggest tax reform in India after independence. One of the principal advantages of the GST is that it is a tax on the value added.

Impact of GST on the formal sector

Union Finance Minister Arun Jaitley on Sunday stated that the banking system needs further strengthening, news agency PTI reported. Jaitley further added that although GST slowed down growth rate for two quarters, it rose after that.

GST is a 'monumental reform', hit growth for only 2 quarters: Jaitley

Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India's economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country's needs.

India's economic growth held back due to demonetisation, GST: Raghuram Rajan 

A speech by a top Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly toxic dispute between the central bank and the government of Prime Minister Narendra Modi over monetary policy and who controls the institution's reserves.

Why Modi government wants to increase control over the RBI

Taking his attack against Prime Minister Narendra Modi to poll-bound Rajasthan, Congress president Rahul Gandhi Tuesday said demonetisation and the Goods and Services Tax, which he referred to as Gabbar Singh Tax, had destroyed India's economy.

Demonetisation and GST destroyed economy: Rahul Gandhi

The Congress Sunday dismissed the Rs 2.5 a litre cut in petrol and diesel prices as “electoral lollipop” aimed at the five poll-bound states, and asked the Narendra Modi government to bring petroleum products under the GST regime.

Congress dubs fuel price cut electoral lollipop, demands oil products under GST

A day after Finance Minister Arun Jaitley announced a Rs 2.50 reduction in the prices of fuel, Congress President Rahul Gandhi once again called for the inclusion of petrol and diesel under the ambit of the Goods and Services Tax (GST).

Rahul urges for inclusion of petrol, diesel under GST

The Goods and Service Tax (GST) revenue for the month of September witnessed a marginal upward trend to touch Rs 94,000 crore, up from Rs 93,690 crore last month.

GST collection surpasses Rs 94,000 crore in September

GST Council, the highest decision-making body of the Goods and Services Tax regime, today decided to set up a seven-member group of ministers to suggest on cess demand for Kerala flood rehabilitation.

GST council meets to consider new tax for Kerala flood, future calamities

Incomplete information and mismatch errors have caused much trouble in processing the refund amount for exporters.

Over Rs 7000 cr GST refunds of exporters cleared

'The tyres of three of the four wheels on which the economy rides are punctured. Firstly exports: the growth rate in the last four years have been negative. Secondly, private investment: it is in the doldrums, if not dead'

Tyres of Indian economy are punctured: Chidambaram

The total gross GST revenue collected in May 2018 is Rs 94,016 crore

GST collections in May declined to Rs 94,016 crore: Finance Ministry

Naidu emphasised on the role of the present Union government towards the infrastructural development in the northeastern states for better connectivity

GST and demonetisation were revolutionary steps to make India corruption free: Venkaiah Naidu

Dharmendra Pradhan saidthat the government was deliberating on an immediate solution to control the rising fuel prices and that apart from the Goods and Services Tax, other ways were also being thought of to ease the situation

GST is one way: Petroleum minister on curbing rising fuel prices

India's growth rate is expected to increase to 7.8% in 2019, the IMF said. China on the other is expected to grow at 6.6% in 2018 and 6.4% next year

India to grow at 7.4% in 2018, says IMF

A single monthly return filing system would come into force in six months, Finance Secretary Hasmukh Adhia said.

GST Council defers decision on sugar cess, refers digital payments incentive issue to GoM

As per the Ministry of Finance, the total gross GST revenue collected in the month of April stood at Rs.1,03,458 crore, consisting of Central GST (CGST) worth Rs.18,652 crore, State GST (SGST) of Rs.25,704 crore, Integrated GST (IGST) of Rs. 50,548 crore (including 21,246 crores collected on imports) and cess of Rs.8554 crore (including Rs.702 crore collected on imports)

GST revenue collected for April exceeds Rs 1 lakh crore

The ministry further noted that the Revenue Gap in each state has been on the decline over the last eight months

Average monthly GST collection since rollout Rs 90,000 crore: Finance Ministry

'However, there are concerns that a durable recovery may remain constrained by factors such as the persistence of low productivity and debt overhang problems in advanced economies as well as in some emerging market economies, rising populism and protectionism, and the slow pace of structural reforms,' Additional Secretary in the Ministry of External Affairs said

GST, demonetisation brought 1.8 million more people into Income-Tax net: India

The implementation of the goods and services tax (GST), despite a bumpy road, is going to help secure the solidity of foundation of public finances, David Lipton, the International Monetary Fund (IMF)'s First Deputy Managing Director David Lipton said

India's reforms bearing fruits, make case for more steps: IMF

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