The GST compensation cess fund might have a ₹1.37 lakh crore shortfall by March 31 due to ₹50,000 crore interest on Covid ...

The GoM looking into the much-debated restructuring of the GST compensation cess has been given time till June 30, 2025, to give their recommendations. These would be keenly awaited by many States.

The finance ministry assures there is no concern regarding the sufficiency of the GST compensation cess fund. It is on track ...

Its ‘Terms of Reference’ is to make taxation proposal to replace compensation cess after its abolition. Technically, all cess and surcharge (Centre and States) are part of GST. However ...

As corporate tax and disinvestment receipts fall and tax-to-GDP stagnate, the GST has to do the heavy-lifting to bring ...

The GST Council will likely consider the GoM's extension request at its next meeting, along with discussions on the broader implications of the compensation cess framework The Group of Ministers ...

From rate rationalisation to cess management and expanding the GST base, India's evolving tax regime faces critical design ...

The Group of Ministers (GoM) tasked with restructuring the Compensation Cess has requested an extension until June 30, 2025, to finalise the roadmap for the cess, sources tell Business Today TV.

What did we get? Right off the bat, GST was launched in 2017 with five rates — 0 per cent, 5 per cent, 12 per cent, 18 per ...

GST on insurance premia and the fate of compensation cess post-March 2026. The Goods and Services Tax Council (GST) in its 55th meeting on Saturday took a slew of decisions to protect the poor ...

India's GST revenue grew by 7.3% year-on-year in December, reaching Rs 1.77 lakh crore. Central GST was Rs 32,836 crore, ...