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Monday, August 11, 2025
TopicGST

Topic: GST

Need to revive demand, slash GST rates by 50% for all sectors, says Assocham chief

In an interview with ThePrint, Assocham president Niranjan Hiranandani says RBI should also look at a one-time loan restructuring to prevent a banking system collapse.

Centre releases GST compensation of over 1.65 lakh crore to states, UTs for FY 2019-20

Maharashtra received the highest GST compensation from the Centre amounting to Rs 19,233 crores, followed by Karnataka which received Rs 18,628 crores.

PM Modi should know India needs to be a strong country, not just have a strong government

Modi may be too smart to fall for his own propaganda, but the positive change narrative has become untenable. For its own sake, the govt should course-correct.

GST collections in June stand at Rs 90,917 crore, 9% lower than last year

GST collections for the first quarter of this fiscal declined 59% as lockdown imposed to contain spread of Covid-19 pandemic severely impacted economic activity.

Parota-vs-roti tax fight will exist until Indian policymakers let go of Socialist mindset

The roti-vs-parota battle is hardly India’s first tax classification problem. Remember chappal vs sandal? It’s a problem with how Indian officials function.

Revised MSME definition is a long-awaited reform but not enough to address bloating sector

Complex labour laws & regulations were responsible for the creation of dwarf entities in India. MSMEs will need many reforms to scale up and be competitive.

States need more funds from Modi govt to ensure vulnerable are protected during Covid: Paper

The Accountability Initiative working paper says state finances were already under pressure before the Covid-19 pandemic struck due to lower tax devolution and GST compensation.

To ease or not to ease lockdown: Dailies discuss Delhi’s dilemma; GST relief coming soon?

A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.

GST collections fall to Rs 97,597 cr in March from Rs 1.05 lakh cr in February

Of the total Rs 97,597 crore GST revenue, the central GST stood at Rs 19,183 crore, state GST at Rs 25,601 crore and integrated GST at Rs 44,508 crore

After demonetisation and GST, slow response on corona is latest disaster of centralisation

Modi govt is perceived as ‘strong’ because of its centralised functioning, but its slow response on Covid-19 exposes the risks that come with such style of governance.

On Camera

MBBS guidelines for students with disabilities reduce a life to a limb

The guidelines ask whether a student can climb stairs, but not whether the college has a ramp. They ask whether a student can bear weight, but not whether the system can bear the weight of its own prejudice.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

Legacy of Air Chief Marshal LM Katre, the man who flew Spitfires & ushered IAF into a modern era

ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.