Why are Centre, states sparring over fuel taxes? High retail prices of petrol and diesel have become a burden on consumers and a drag on economic recovery but it helps the central and state governments balance their budgets. Why are fuel taxes a bone of contention? A steady rise since November in g...
What is driving an upsurge in India’s GST collections? The government’s goods and services tax (GST) collections, taken by analysts as a high-frequency indicator, has witnessed a strong rebound since the first wave of the pandemic. What is the current GST collection trend? In the first half of FY22...
Road ahead for GST as reform completes 5 yrs What is the backdrop for the meeting? The 47th meeting of the GST Council will be held at a time tax authorities are planning to improve the efficiency of the GST architecture even as the economy continues healing after the pandemic. Though the stressed ...