Diners forced to pay service charges in restaurants are unlikely to get any relief, unless the government comes out with an enforceable legislation. Defending the levy, the National Restaurant Associa...

The Indian government is considering spending an additional Rs 2 trillion (lakh crore) in the 2022-23 fiscal year to cushion consumers from rising prices and fight multi-year high inflation, two gover...

The Centre will examine the Supreme Court order on the limited powers of the GST Council before taking any decision to appeal against the judgment — even as the finance ministry insisted the ver...

Analysts said the states are unlikely to buy the argument that shortfalls will be met as tax collections have increased on account of the recovery from the pandemic as is evident from the impressive c...

The GST collection in April touched the highest ever level of about Rs 1.68 lakh crore (trillion) , up 20 per cent from the year-ago period, on improved compliance and recovery in business activity, t...

The state argued it had introduced the amendments through Finance Act 2017 prior to the expiry of one year. “Having regard to the deletion of entry 52 of the state list and bearing in mind the ...

⚫ Minimum rate at 8% ⚫ Prune the list of exempted items ⚫ Bring down slabs to 3 from 5 ...

Goods and services tax collection crossed Rs 1.30 lakh crore (trillion) in February — the fifth consecutive month at these levels. Collections in February grew 18 per cent to over Rs 1.33 lakh c...

The income earned from providing guest lectures will attract 18 per cent GST, the Karnataka bench of AAR has ruled. The applicant, Sairam Gopalkrishna Bhat, had approached the Authority for Advance R...

Years ago, everyone used to have a lot to say about Union budgets. The prices and duties of everything used to change by varying amounts and the impact on every household budget and every corporate&rs...