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Wednesday, July 23, 2025
TopicGST

Topic: GST

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.

Rs 150 cr cash seized from Kanpur businessman’s home in ‘biggest recovery by indirect tax board’

Businessman Piyush Jain is the owner of Trimurti Fragrance, which is the parent organisation manufacturing Shikhar Pan Masala and tobacco-based products. 

India’s GST revenue crosses Rs 1.31 lakh cr in Nov, 2nd highest collection since rollout

The highest GST collection was in April 2021 when numbers hit Rs 1.41 lakh crore. Last month's revenue has been 25% higher than November 2020 and 27% higher than November 2019.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.