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Goods and Services Tax

News Reports

Modi govt rolls out GST 2.0: Read significant changes made and how they promise relief for Indian consumers

Rukma Rathore -
The reduced GST rates on about 375 items to benefit the poor and middle class are now in effect on the first day of Navaratri.
Economy and Finance

Bottom 50% of Indians pay 64% of GST: Oxfam India’s claims about ‘disproportionate’ taxing of poor is ‘mathematically impossible’. Here is why

OpIndia Staff -
Taking the bottom 50% of the population as 70 crores, Diva Jain calculated the monthly income of the cohort using the data provided by Oxfam India.
News Reports

GST collection in December 2022 goes up by 15% to reach almost 1.5 lakh crore

OpIndia Staff -
Gross GST revenue collected during December 2022 reached ₹1,49,507 crore, going up by 15% compared to December 2021
Government and Policy

Finance Ministry notifies 12 per cent GST to bring uniformity in textiles, apparels, says it will correct duty anomaly: Details

OpIndia Staff -
The Finance Ministry said uniformity in GST rates would aid the resolution of input tax credit residues
Economy and Finance

India witnesses a record high collection of GST in December: Finance Ministry

OpIndia Staff -
In a major development, India witnessed a record high collection of Goods and Services Tax (GST) for the month of December 2020.
Opinions

Why did Congress vote for “NDA’s GST” in 2017 and other questions for Rahul Gandhi

Abhishek Banerjee -
Now that India’s economy is reeling from Coronavirus, it seems that Rahul Gandhi wants to blame everything on GST.
Economy and Finance

GST collection crosses Rs 1 lakh crore in December with 16 percent annual growth, second month in a row

OpIndia Staff -
According to the press release, Arunachal Pradesh showed the highest rate of growth of gross GST in December at 124%, while GST collection in Lakshadweep fell by 78% and in Jharkhand by 3%.
Economy and Finance

No, there is no new tax on maintenance you pay to RWA as a flat owner

OpIndia Staff -
The Finance Ministry has tweaked an earlier 'Service tax' regime to bring in more transparent and efficient GST into housing societies and RWAs. 
Opinions

Two years of GST: The GST Council Miracle and how Modi sarkar became the first to survive GST

Abhishek Banerjee -
The fact that people stuck by Modi is a historic masterclass in leadership.
Government and Policy

Former Union Minister Arun Jaitley looks back at and analyses impact of two years of GST implementation

OpIndia Staff -
In several countries, governments lost elections because of the GST. India had one of the smoothest transformation.
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