Good news on the indirect tax collection front was eclipsed by a 3.6% contraction in IIP, and 5.52% higher retail inflation. Read more »
Bullish economic growth projections for the Indian economy will depend on financial sector risks, and the success of measures taken to curb the spread of Covid-19. Read more »
The GST completed its third year on June 30, 2020 and has been largely successful in its policy objectives in education. Read more »
Delivery of quality education, healthcare and housing to the bottom billion of the world population is possible with a transparent global tax regime. Read more »
In case of a dispute between Centre and the states on the recommendations of the GST Council, a dispute resolution mechanism can be established. Read more »
The economies of a dozen states are under strain due to non-payment of GST dues. This has forced them to cut capital expenditure and delay salary payments. Read more »
Honouring the honest: Another area of taxation crying out for automation support and fair queuing is the one involving grant of concessions and reliefs. Read more »
Covid-19 has hit tax collections, but the situation will improve in terms of both the number of taxpayers and revenue collections, once the pandemic is under control. Read more »
The Narendra Modi government announces easier compliance in areas such as income tax, GST, customs & excise, banking and trade. Read more »
The December mop-up at Rs 1.03 lakh crore is below the target of Rs 1.1 lakh crore for the last four months of FY20. Read more »