The Union government plans to propose GST rate and slab cuts to the GST Council. Can this reform make India's indirect tax ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

Taxation of Freelancers And GIG Workers: Navigating Compliance In The Digital Age ...

We need double-digit growth, year after year! It’s an ambitious call, but why not? India has the potential, the resources, ...

The GST Council, chaired by Sitharaman and comprising state finance ministers, is close to taking a final call on key changes ...

According to the existing GST framework, hotels charging Rs 7,500 or more per room per day must apply an 18 percent GST on ...

Tax Partner at EY India. The GST Council, headed by Sitharaman and comprising her State counterparts, in September 2021, set up a group of ministers (GoM) to rationalise GST rates and suggest ...

She said that the revenue neutral rate (RNR) has come down from 15.8 per cent at the time of the launch of GST on July 1, 2017, to 11.4 per cent in 2023.

India’s GST Collections: According to the data, the central GST stood at ₹35,204 crore, the State GST at ₹43,704 crore, the Integrated GST at ₹90,870 crore, and the compensation cess at ...

While renting out residential properties remains tax-exempt, commercial leasing comes with specific GST rules that every professional landlord must understand. As a professional landlord in India ...

Meanwhile, net GST collections, after accounting for refunds, grew by 8.1 per cent, reaching around Rs 1.63 lakh crore. This ...