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GST

News Reports

GST implementation enabled increased Household Savings as tax rates came down

OpIndia Staff -
GST implementation brought marked reduction in tax rates on various daily needs goods
Economy and Finance

GST resulted in 5 times increased lending to small businesses- SBI report

OpIndia Staff -
The SBI report dismissed the concerns over credit supply to MSMEs as "myth", said that the sector witnessed stupendous loan growth post GST.
Government and Policy

But for demonetisation, the economy would have collapsed: S S Gurumurthy

OpIndia Staff -
Demonetisation was a corrective measure while the GST was a reformative one.
Editor's picks

Can we ask what was the entire cost of Nehru’s 1948 Kashmir blunder?

Abhishek Banerjee -
In essence, Jawaharlal Nehru was a Bharat Ratna because he went where no Indian kid has ever gone before. He was free from comparisons with the proverbial Sharmaji ka beta
Government and Policy

GST revenue collections cross one lakh crores for the second time in seven months

OpIndia Staff -
GST collection had crossed the Rs 1 lakh crore mark for the first time in April, which had then stood at Rs 1,03,458 crore.
Economy and Finance

Growth in India solidifying, will propel upwards says World Bank

OpIndia Staff -
The World Bank predicts 7.3% growth in 2018-19 fiscal year
News Reports

Rahul Gandhi comments on fuel prices while being silent on non-reduction of VAT by Congress ruled states

OpIndia Staff -
12 BJP ruled states have lowered the VAT of fuel prices after the announcement by the centre.
Crime

Bengaluru: Commercial Tax officials unearth Rs. 203 crore fake GST invoice scam, three arrested

OpIndia Staff -
The accused person had registration of 14 companies and used to generate fake GST invoices.
News Reports

GDP hits 8.2% quarterly growth, BJP leaders hail government’s economic reforms

OpIndia Staff -
The numbers are a strong refutation of the claims made by the opposition parties that the economy is in tatters.
News Reports

Price of misplaced activism: Post GST exemption, manufacturing cost of sanitary napkins up

OpIndia Staff -
The government gave into popular activism and exempted sanitary napkins from GST
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