Topic: GST

Under GST, the government is setting up a National Anti-Profiteering Authority to ensure businesses do not cheat consumers. The new authority will ensure the benefit of reduced prices under the new indirect tax regime is passed on to consumers, said Law Minister Ravi Shankar Prasad.

Note ban and GST have dampened Morbi’s ceramic business, while the Patel quota agitation has got the community to rally against BJP.

All the actions by the government in the past month suggest that the government is trying to please all segments of the economy.

GST rate cuts will help formalisation and boost business. Relaxation of return filing procedures should help smaller firms embrace the tax reform.

When the idea of a GST was introduced, no one had intended (or dreamt) that there would be four rates of tax other than the zero rate.

A heady era has lulled investors into believing that India’s omnipotent PM determines India’s economic destiny. But things might be about to change. 

Other economists may call it the ‘Gujarat model’, but keeping industrial growth high and improving agriculture are keeping the state’s development high.

50 lakh electorate to cast votes to choose between six-time CM Virbhadra Singh of Congress and septuagenarian BJP leader, Prem Kumar Dhumal.

Demonetisation was the first major formal recognition by the Government of India that the issue of black money needs to be tackled decisively. What has India gained and lost from demonetization and what are the lessons learnt?

Many items could be brought under 12 per cent tax bracket as the government is trying to find ways of introducing a lower GST slab.