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How GST Budget Reforms Could Shape the Future of India's MSMETime savings and greater administrative efficiency would flow from filing and ... streamline compliances." The GST reform holds immense potential to bolster India's MSME sector, but its current ...
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 ...
India's banking sector liquidity is expected to shift to a strong surplus by March 2025 due to the Reserve Bank of India's Rs ...
High-frequency indicators such as GST collections, PMI for manufacturing, and non-EV and EV sales reveal signs of economic improvement in India despit ...
Input Service Distributor has to compulsorily register as “ISD” apart from its registration under GST as a normal taxpayer. Such taxpayer has to specify under serial number 14 of the REG-01 form as an ...
For e commerce exports, GST has created an Integrated GST (IGST). Importing goods incurs an IGST whilst the exporting side is zero rated, which allows businesses to get refunds on money spent on ...
The court declared unconstitutional a part of the 2021 customs department exemption notification that required payment of ...
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.
The revenue flow from GST has slowed down drastically ... In contrast, it had ranked second and third in India in terms of GST growth rate in FY18-FY19 and FY19-FY20. Chart 1 compares the GST ...
India could consider raising the Goods and Services Tax (GST) on cigarettes and other tobacco products once the compensation cess on these items is discontinued, the Economic Times reported.
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Newsable Asianet News on MSNIndia’s GST Collections Soar 9.1% To Rs 1.84 Lakh Crore In February 2025Meanwhile, net GST collections, after accounting for refunds, grew by 8.1 per cent, reaching around Rs 1.63 lakh crore. This ...
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