Goods and Services Tax (GST) collections in December (for sales in November) rose 11.6 percent year-on-year to Rs. 1,15,174 crore, the highest level since the July 2017 rollout of the indirect tax regime. The Finance Ministry said this has been the highest growth in monthly revenues in the last 21 months. “This has been due to the … Read More →
Before the Goods and Services Tax (GST) reform is rolled out, India should take cautious lessons from other nations which have also introduced similar legislation, industry leaders have warned. A report released on Monday by the Confederation of Indian Industry and tax consultancy major Deloitte, which incorporates the views of Chief Financial Officers (CFO) of … Read More →