Impact of demonetisation on Indian economy.

GST compensation: Centre will borrow to meet shortfall

The proposed borrowing will not reflect on the Union Budget, but will appear as capital receipts in state budgets. Read more »
Ongoing coal shortage in India

GST Council meeting: A case for the abolition of the coal cess

The impact of the GST compensation cess on coal is not confined to the metal and energy sectors. Its ripple effect is felt on many other industries. Read more »
FM Nirmala Sitharaman chaired the GST Council meeting attended by state finance ministers.

GST Council votes for the first time to levy 28% tax on all lotteries

Deadline for filing annual return and reconciliation statement for 2017-18 extended to January 31. Read more »