India's factory output expanded at its slowest pace in nine months in June. More on that in our top headlines
Goyal said another big advantage is for the small retailers who are very keen to engage with ecommerce
Says it will build a robust tax system without being intrusive
'Implementing GST was challenging in a country like India, which follows a federal structure'
Goods and Services Tax: Here's a look at the journey so far
Shrinking fiscal space has brought states on a collision course with the Centre
The benefits of GST will positively ensure it to be 'Good and Simple Tax' for citizens of India, says Prime Minister Narendra Modi on the eve of the GST launch
The continuation of a business-as-usual approach can undermine the GST's ability to either raise revenues for the government or improve the ease of doing business
The GST is still paying the price for govts talking the talk of a good and simple tax on July 1, 2017, but not walking the walk thereafter
A Business Standard analysis found that returns filed under GSTR-3B declined 13.8 per cent YoY in FY22
Addressing mistakes made while introducing the tax and getting back to a revenue-neutral rate(s) constitute the agenda that awaits attention
In the last five years, since its launch in July 2017, the GST journey has been difficult for both economic and political reasons. Read more on five years of GST in our top headlines
In places, Dr Rao rushes through the conclusions as well, not giving enough time to explain the rationale behind the conclusion
Here are the top BS Opinion articles of the day
The 47th GST Council meeting took a host of decisions that will affect everyone. This report tells about the key outcomes of the meeting and its likely impact on the stakeholders
For the transport sector, the council lowered GST to 5 per cent from 18 per cent on ropeways, renting of goods carriage, including fuel cost
New rates for some items, removal of exemptions with effect from July 18
This ground report from the diamond city captures the travails of small-scale units
Rate rationalisation will be critical
Going forward, we also need to look at inclusion of items in the GST from a larger macro perspective