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Sunday, May 5, 2024
TopicGST

Topic: GST

GST on mobile phones raised to 18% from 1 April, MRO services for aircraft slashed to 5%

Finance Minister Nirmala Sitharaman also decided to waive late fees for delayed filing of returns for those with a turnover of less than Rs 2 crore for 2018 and 2019.

Modi is Trump’s man, the ‘odd’ GST fire & crisis aboard Maha Vikas Aghadi Express

The best cartoons of the day, chosen by the editors at ThePrint.

Not just Manish Sisodia’s OSD, more officers in Delhi GST dept under CBI scanner

Manish Sisodia’s OSD, Gopal Krishna Madhav was arrested Thursday night for allegedly accepting bribes to waive GST duty of transporters. 

Delhi traders say BJP ‘punished’ them with GST & by sealing shops, but AAP not the solution

Sealing of shops in Delhi in 2017 to crack the whip on ‘unauthorised constructions’ is one of biggest issues weighing on the minds of the traders this election.

Modi govt nets Rs 1.1 lakh crore from GST collection in January

This is the second time since the introduction of Goods and Service Tax in July 2017 that the monthly revenues have crossed Rs 1.1 lakh crore.

Bihar Deputy CM Sushil Modi wants states to spend, borrow more to battle economic slowdown

In an interview to ThePrint, Sushil Modi says many states favour increasing the state fiscal deficit limit to 3.5% of GSDP from the existing 3%.

It’s time to lower expectations from the economy, and not try to do too much in the Budget

India is paying the price for trying to do too much in past Budgets, and sectors that have been bled white, such as telecom and govt companies, are worst hit.

Mattoo on Pandits’ Kashmir problem, R Ramachandran praises Constitution, 3 faults in GST

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

Fake firms, fake invoices and credit fraud — how it went all wrong for GST in just 2 years

GST authorities are registering evermore tax evasion cases as tech failure, lack of oversight and a lax approach have left India’s indirect tax regime vulnerable.

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.

On Camera

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.