There are some common trends observed among states with a large shortfall
18 per cent GST levied on enrolment of workers sponsored by their employers or individuals aspiring for jobs in industries.
The government's plan comes at a time when the auto sector is grappling with a steep drop in sales due to weak consumer demand.
From RBI making it mandatory to link all fresh retail loans to an external benchmark to the FinMin crunching numbers to estimate revenue loss from GST rate cuts, here are today's top business news
Taxpayers would benefit from certainty in the assessment matters
From sales of medium and heavy commercial vehicles falling by over half in Aug to the GST Council considering a breather for hybrid vehicles in its upcoming meeting, here is today's top business news
Whether folding one weak bank into another will make the combined entity any stronger remains to be seen
The government has sent a clear message that it is listening and is willing to take the necessary steps to revive the economy
This was the second month in the current fiscal year that the collections could not hit the Rs 1-trillion mark, the first being June
Gross revenue collections from the Goods and Services Tax (GST) in July stood at Rs 1.02 trillion
The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006, the report said.
GSTR 9 is an annual return to be filed yearly by taxpayers registered under the Goods and Services Tax .
Late last month, the GST Council had cut rates on EVs from 12% to 5%
The FM also promised to accelerate the processes for GST refunds
Developers are hoping this week's announcement will bring some relief
Measures by FM welcome, but more would be needed
Trouble is, the distribution of the Indian economic pie is more lopsided than the aggregate numbers suggest
As per the state FDCA commissioner, the state has benefited from the introduction of GST
PSBs get Rs 70,000 crore; home, auto loans to become cheaper
Banks will also have to return all documents within 15 days of a loan closure, helping borrowers whose mortgaged assets are tied up