GST revenues

GST revenues lose steam: Structural issue or transition pain?

GST revenues slowed sharply in November, signalling emerging stress in the tax system after the rollout of reforms. #GST #GST2.0 Read more »
Tax collections, direct taxes, refund delays, middle class burden

India’s tax collections surge rests on middle class strain

India’s rising tax collections rely more on refund delays than broad-based growth, raising questions of fiscal sustainability. #Tax #GST #middleclass Read more »
GST

GST Council introduces complexities in its quest for simplicity

As the GST Council struggles with reforms, India’s tax system risks becoming a labyrinth, highlighting the need for a streamlined and equitable regime. #GST #popcorn Read more »
online gaming

Online gaming tax row may end with GST Council move

The proposed GST Act amendment could bring major relief to online gaming companies facing huge tax demands. #GST #Oninegaming #policy Read more »
rupee

What do soaring GST collections in 2023 say about the economy

The festive season triggered a revenue bonanza with GST collections in 2023 October soaring to Rs 1.72 lakh crore, but one needs to take the numbers with a pinch of salt. #GSTcollection... Read more »
online gaming regulation

Online gaming: India needs innovative approach to regulation

India must strike a balance between innovation, integrity, and responsible gaming to regulate its online gaming industry. #fantasysports #gambling #gst #gamesofskill #gamesofchance Read more »
GST on online gaming

Online gaming: The GST Council move may play spoilsport

India's online gaming industry finds itself in the crosshairs after the #GSTCouncil's decision to impose the highest #GSTslab. #onlinegaming #onlinegambling Read more »
GST regime, budget 2023

Five-year itch: GST regime needs reforms to regain credibility

GST regime: The initiative towards “One Nation, One Tax, One Market” was expected to shore up revenue collection in the country and to strengthen Centre-state relationship. Read more »
October 2023 global trade report by WTO

Explained: High inflation, import surge behind high GST mopup

While the jump in GST collections augurs well for the economy starved of good news, most of the increase can be attributed to runaway inflation and the increase in imports. Read more »
GST collections soar

Analytics, AI tools help govt boost GST collections

The government is employing data analytics and artificial intelligence to plug GST leakages. Taxpayers also can use technology to improve business processes. Read more »