indirect taxes

With the implementation of a Goods and Services Tax (GST) on July 1 2017, India took a huge step towards modifying its indirect taxation system. Under the new regime, the average growth rate of Gross GST revenue from 2018-19 to 2022-23…

Union Budget 2023 is set to be announced on Feb 1. (File photo of FM Nirmala Sitharaman)Expectations from the Budget 2023 would be to give a boost to the country’s economy and encourage new investmentsThe countdown to the Union Budget 2023…

Karnataka has overtaken Gujarat in goods and services tax collections in the first six months of this fiscal year, taking the second place behind Maharashtra among states. Gujarat was second in GST collections during the same period last…

<!-- -->Rise in tax collections is a sign of economic recovery and growthIndia has recorded a record revenue collection of Rs 27.07 lakh crore in 2021-22, which is around Rs 5 lakh crore above the budgetary estimates of Union Budget…

NEW DELHI : Federal indirect tax body the Goods and Services Tax (GST) Council will meet on Friday on the eve of several key GST related amendments scheduled to be coming into effect in the new year including tax…