The GST collection dropped below the Rs 1-lakh-crore mark in the month of June 2019. The total revenue collection under the indirect tax regime for past month totaled to Rs 99,939 crore.... Read more »
Inconsistent government actions has cast a shadow over developer sentiment; slows down capacity addition momentum. CRISIL Research expects solar power capacity additions of 48-50 GW between fiscals 2019 and 2023. However, developer sentiment... Read more »
The GST Council has delayed a decision on rationalisation of tax rates for real estate and lotteries till February 24 when it will continue the discussion, as some opposition-ruled states sought a... Read more »
The Goods and Services Tax (GST) Council in its meeting on Saturday decided to start a pilot project to give 20 per cent cashback of the GST paid to incentivise digital payment... Read more »
Acuite believes that the reduction of GST on over 50 items, largely consumer durables will boost consumption in the economy and is likely to have a positive impact on capacity utilisation of... Read more »