Australia needs massive tax changes including lowering the base for income taxes, increasing the GST and bringing in an ...
The report recommends pegging the peak indirect tax rate, including cesses to 18 per cent The long lasting success of Goods and Services Tax (GST) lies in moving towards a single nationwide tax rate, ...
The central government’s revenue loss from the recent GST rate cuts is projected to be only around Rs 3,700 crore in FY26, cushioned by stronger consumption and higher tax collections, according to a ...
New Delhi, Sep 19: The recent Goods and Services Tax (GST) rationalisation will not have a significant fiscal burden on the government, a Crisil report has said. The government has estimated a net ...
GST rate rationalisation provided a huge boost to consumer demand and manufacturing output during the recent festive season, ...
A joint report by The Federation of Indian Chambers of Commerce and Industry’s Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (FICCI CASCADE) and the Thought ...
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore. The government estimates the ...
The report said that corporate performance remained healthy during the month, with sustained profitability and stable balance ...
The recent changes in GST rules for the food services sector are expected to have a mixed impact, with food delivery platforms facing higher costs while QSRs stand to benefit from tax reductions, ...
The report said that although GST rationalisation is expected to result in revenue deflation, the government's path to fiscal consolidation is still achievable. It estimates the fiscal deficit for ...
Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival. Illustration: Dominic Xavier/Rediff.com ...