Thursday, 7 July, 2022
TopicGST

Topic: GST

GST hike would be ‘catastrophic’, says online gaming industry, as council defers proposal

All India Gaming Federation, E-Gaming Federation, and Federation of Indian Fantasy Sports, which represent over 90% of online skill gaming market in India, issued joint statement Wednesday.

Battling inflation & high fuel prices, 7 in 10 Indians against hike in GST rates, survey finds

New Delhi: Over seven in 10 citizens are against a hike in the Good and Services Tax (GST) from 5 to 7-8 per cent...

Modi’s 8 years show governance in India can be repackaged and political image managed

The BJP has managed to get gold stars on its report card because majoritarian sentiment has been its winning plank. And PM Modi has emerged as a marketing crackerjack.

GST has muddied the entire lake of India’s federalism. SC ruling only put a stamp on it

Fixing India’s ailing GST does not merely entail technical measures to boost tax buoyancy but also re-establishing trust between the Union and states.

GST Council recommendations not binding, says SC, would ‘disrupt fiscal federalism’ if so treated

A bench of justices D.Y. Chandrachud, Surya Kant & Vikram Nath upheld 2020 Gujarat HC judgment in favour of importers challenging levying of GST on grounds that they had paid customs duty.

New hope for Modi govt’s economic reforms agenda after big win in assembly elections

BJP leaders feel pro-welfare schemes like free food grains and DBT transfers during pandemic have worked electorally. This will embolden govt to undertake pending reforms.

How GST is killing small businesses with inspector raj and suffocating compliance

GST was supposed to create a unified market. The opposite is happening with small businesses being harassed with invoice and payments.

‘This is Kalyug’: MSMEs, workers in shoe hub Agra say GST hike a kick in the gut after Covid

Covid lockdowns and ongoing Omicron wave have hit hard, but GST hike to 12% from 5% on footwear below Rs 1,000 has knocked down many businesses & left labourers without work.

GST Council defers implementation of tax hike on textiles from 5% to 12%

The 46th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman and comprising state counterparts, decided to deliberate on the issue further in its next gathering.

At pre-Budget meet, states cite Covid, ask Modi govt to raise share in Centre-sponsored schemes

States like Rajasthan, Tamil Nadu & West Bengal have said while government’s share in centrally sponsored schemes has reduced over the last few years, that of states has increased.

On Camera

YourTurn

Mahendra Singh Dhoni sporting an Army insignia on his glove during the India-South Africa

MS Dhoni is the rainbow of Indian cricket, a cult figure who inspires youth across nation

Mahendra Singh Dhoni’s honest self-assessment always put the interests of Indian cricket ahead of any desire to build a ‘legacy’ for himself.
Illustration by Soham Sen

Keep calm and carry on: Unlike wheat, rice isn’t hot yet

The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.

Defence

Nepali Gorkhas to be recruited in Indian Army through Agnipath scheme, here is how

Similar to terms for Indian soldiers, the Nepalis would be inducted for 4 years, after which only 25 per cent would be retained.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.
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