rate rationalization News

India's GST Overhaul Aims to Boost Consumer Spending and Enhance Tax Compliance

Prime Minister Narendra Modi's GST revamp seeks to boost consumption and improve tax compliance, with the finance ministry predicting long-term revenue growth despite short-term im...

GST Collections Surge by 7.3% Despite Concerns Over Sluggish Urban Demand

Despite a slowdown in demand across various sectors, GST collections in December saw a 7.3% increase to Rs 1,76,857 crore. Domestic collections grew by 8.4%, while import-related f...