Search result for 'revenue implications'

Finance Ministry invites industry suggestions on tax rate changes, compliance ease for the FY27 Union Budget. Deadline: November 10.

Finance Minister Sitharaman thanks state FMs for their support in the landmark GST overhaul. States agreed for the common man.

Bankers predict GST Council decisions will boost consumption, credit growth, and economic activity. GST 2.0 simplifies tax structure.

GST Council to discuss tax cuts on daily use items, EV tax rates, and GST reform proposals. States seek revenue compensation.

India's Commerce Minister Piyush Goyal calls for a clear definition of the WTO's e-commerce moratorium, arguing its extension hinders India's digital trade development. He also stresses the need...

The Comptroller and Auditor General (CAG) of India has found irregularities in the Export Promotion Capital Goods (EPCG) scheme, highlighting concerns about its monitoring and implementation. The...

The GST Council will discuss insurance premium taxation, online gaming tax rates, and the status of a drive against fake GST registrations. Key decisions on tax rates and regulations are expected.

India's Finance Ministry seeks industry input on tax rates, laws, and compliance reduction for the 2024-25 budget. Suggestions are due by June 17.

WTO members, including India, have agreed to extend the moratorium on imposing customs duties on e-commerce trade for two more years until 2026. The decision comes after discussions with developing...

India has urged the WTO to re-examine the moratorium on customs duties for e-commerce trade, arguing that it's impacting developing nations' revenue and digital growth.

India opposes extending the moratorium on customs duties for e-commerce at the WTO meeting in Abu Dhabi, arguing it harms developing countries. Learn more about the potential impact and India's...

India will oppose extending the WTO moratorium on customs duties for e-commerce trade, citing its impact on developing countries and potential revenue losses. The issue will be discussed at the...

India's Revenue Secretary expects average monthly GST collections to reach Rs 1.85 lakh crore in FY25, driven by a projected 11% growth. The government also extended the startup tax benefit...