Saturday, 25 June, 2022
Topic‪Goods and Services Tax‬

Topic: ‪Goods and Services Tax‬

‘Landmark’ Rs 1 lakh cr monthly GST was first crossed in April 2018, but only 11 times since

Frequent changes in tax laws leading to uncertainties for businesses and lowering of rates without a corresponding rise in tax buoyancy among factors for lack of buoyant GST collection.

I don’t take anybody for granted, says Sitharaman after stormy GST council meet over dues

As many as 10 opposition-ruled states rejected both the borrowing options put forward by the Centre. The next GST Council meeting is scheduled for 12 October.

Rs 3 lakh cr GST shortfall to states, Sitharaman says act of God may see economy contracting

Centre proposes special RBI window for states to borrow to meet the shortfall as cess will make up for only 22% of the losses. States, instead, suggest Centre should borrow.

GST dealt ‘big blow’ to municipal finances, 15th Finance Commission study finds

Lesser funds at the disposal of municipalities will adversely impact spending on basic civic services in urban areas.

Pratap Mehta on govt obsession with big bang reforms, Brinda Karat on India’s rape reality

The best of the day’s opinion, chosen and curated by ThePrint’s top editors.

Movie tickets, TV screens, power banks get cheaper as govt cuts GST on 33 items

The new tax rates, which take effect from 1 January 2019, will cost the government Rs 5,500 crore in loss.

Smartphones are the new credit cards as digital payments give cash a run for its money

More Indians are using their smartphones to make payments than swiping their debit and credit cards at stores.

Read IMF reports to find out how well economy has done under Modi govt: Arun Jaitley

Last 4 years have seen series of reforms, systems have been cleaned up, decisiveness has led to easier decision making and has made the economy stand out.

Where are the jobs? Modi government ‘employment bank’ may soon offer answer

The NDA administration will undertake the seventh economic census, which will form the backbone of a national business register platform.

Higher Q2 GDP numbers are good news, but matter little for the common man & real economy

Higher GDP numbers for Q2 are good news, but an improvement of 0.6 per cent over the previous quarter is practically within the range of statistical error

On Camera

YourTurn

A Wimbledon court | Twitter/Wimbledon

Not Russia, a point-less Wimbledon 2022 affects young tennis players most

Young underdogs have often defeated tennis titans. But Wimbledon 2022 removing ranking points sets them back instead of making a geopolitical impact.
Credit: ThePrint team

‘All about helping Rajni’ — tech gurus at iSPIRT quietly power India’s digital revolution

With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
×