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Friday, May 16, 2025
TopicGST

Topic: GST

Months after import duty waiver, GST slashed on same 3 anti-cancer drugs. Why this is little relief

Centre moves to reduce costs of trastuzumab deruxtecan, osimertinib & durvalumab, all 3 by British-Swedish pharma giant AstraZeneca. Doctors seek exemptions for more such drugs. 

An out-of-this-world wedding guest list & beware of ‘the third wave’

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

Arvind Subramanian on India having missed its chance to rationalise GST rates — ‘moment has passed’

Speaking at an event, the former CEA says he no longer thinks fuel & electricity should be included in GST and added that India has only now, 7 yrs later, reached pre-GST revenue levels.

Embarrassment of riches? Govt halts monthly GST releases as high collections ‘creating resentment’

July 2024 was first time no official release on GST collections was issued. Collections were Rs 1.74 lakh crore in June & average collections this fiscal yr are highest ever, it is learnt.

Budget 2024 shouldn’t be evaluated on tax cuts. Avoiding policy flaws is more important

The demand for converting multiple GST rates into a three-rate system has merit. But the Union Budget is not where such announcements can be expected.

Union Budget is not corporate India’s wishlist. Tax breaks can’t solely drive profit

The incidence of GST is higher on the poor than rich. The public would be better off pushing for faster timelines for this rather than making plaintive appeals for income tax reductions.

GST regime needs transformation. Rate rationalisation, simplification must be council’s key priority

Layers of complexity due to multiple tax rates result in similar products being taxed differently. There should be a phased move towards a low single rate to reduce incentive for evasion.

Modi’s global stature nowhere close to that of Nehru, Indira or Vajpayee, says Yashwant Sinha

Vajpayee must be dismayed looking at Modi govt from heaven, says former Union minister Sinha, questions functioning of EC & ED and govt's claims about India's economy.

India’s first GST Appellate Tribunal President sworn in

Justice (Retd.) Mishra has been selected as the first President of the GSTAT by a Search-cum-Selection Committee headed by the Chief Justice of India.

SubscriberWrites: Seven years to GST implementation, the story so far

Even after so many years, the opposition to GST is because many of the businesses irrespective of size do not want to play by the book.

On Camera

India’s troubles on eastern front are growing. China’s domination in Myanmar goes unchallenged

After the showdown on its western front and the global ripples that followed, India’s plate is full. The last thing it needs is to leave its eastern flank vulnerable to proxy wars.

Northeast set for economic take-off with Rs 1.12 lakh cr in investment commitments from Tata, Reliance

Driving this wave of interest is the upcoming Rising North-East Investors Summit in New Delhi, organised by the Ministry for Development of the North Eastern Region.

Op Sindoor was trailer, says Rajnath, questions IMF bailout to Pakistan—’no less than terror funding’

Speaking at Bhuj Air Force Station in Gujarat, Singh praised the IAF’s role in Operation Sindoor and said India’s security doctrine had fundamentally shifted.

What is Asim Munir thinking?

Kashmir’s return to normalcy, for Pakistan Army Chief Gen Asim Munir, had to be reversed. Pahalgam wasn’t plotted in the week between the speech. It must have taken several weeks, if not months of planning.