GST (Goods & Services Tax) Related Discussions

[Speedmax13]

Modi looting South India in name of GST

 

[Sarkar]

You are talking about 14th FC. Now 15th FC is already creating ruckus in southern states as it has suggestions to allot funds based on 2011 population as opposed to 1971 population in previous FC. Even 14th FC has 10% weightage for 2011 population.

Between 1971 and 2011, Kerala and Tamil Nadu had population growth of 56% and 75% respectively – the lowest among all states.

On the other hand, Uttar Pradesh, Bihar, Madhya Pradesh and Rajasthan saw an explosion in their population. Their combined population growth was nearly 50 million higher than the national pace of growth can justify.
Why Southern States are Rallying Together Over the Terms of the 15th Finance Commission - The Wire

So my data is correct. Thanks for confirming

 

[Sarkar]

Reason why everyone luv GST. It's making states rich

Bengal posts revenue surplus in GST mop-up

 

[Sarkar]

In a first, GST revenue collection for a month exceeds Rs 1 lakh crore - Times of India


After Bengal, it's time for Delhi
Mop-up from VAT, GST above Rs 26,000 crore - Times of India

Despite the initial troubles with GST, Delhi has recorded a robust tax collection of Rs 26,337 crore as the last fiscal closed. The amount, which includes both VAT and GST collections, exceeded the target of Rs 26,000 crore set by the Delhi government.

 

[Sarkar]

GST Council Meet: Filing Process Gets Simpler, File Only One Return In A Month.

GSTN to be converted to govt entity - Times of India
central government currently holds 24.5 per cent stake in GSTN and state governments collectively hold an equivalent stake.
The remaining 51 percent are held by non-Government financial institutions, HDFC and HDFC Bank hold 20%, ICICI Bank holds 10%, NSE Strategic Investment holds 10% and LIC Housing Finance holds 10% .

 

[Bapun]

Finance Ministry Likely to Launch Annual GST Return Forms in Next Council Meet

 

[Speedmax13]

One Year of GST: A Ground-Check on How Surat's Crumbling Textile Hub

 

[Jithin91]

Sanitary Napkins are now tax free

 

[Jithin91]

 

[HOUSE-MD]

Urjit Patel, 24th Governor of Reserve Bank of India (RBI) Resigns.
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Exactly as expected. 2019 Fireworks already begins.

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RBI governor Urjit Patel resigns with immediate effect.