Sunday, Dec 04, 2022


Centre Deferred GST Hike On Textiles Fearing Defeat In Upcoming Polls: Congress

Jan 01, 2022 Outlook Web Desk

The BJP only understands the language of victory and defeat, and has nothing to do with people's prosperity, the spokesperson said.

DGGI Raids Half A Dozen Crypto Exchanges in India On GST Evasion: Report

Jan 01, 2022 Agencies

The Directorate General of GST Intelligence (DGGI) reportedly raided about half a dozen offices of cryptocurrency service providers.

GST Council Defers Implementation Of Rate Hike In Textiles To 12%

The 46th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided to deliberate on the issue further in its next meeting.

GST Council Defers Tax Rate Hike On Textiles

Dec 31, 2021 Kamalika Ghosh

The Council meeting is known to have decided to put on hold the decision to hike tax rate on textiles to 12 per cent.

Government Extends Annual GST Return Filing Deadline For FY21 Till February 28

The government on Wednesday extended till February 28 the deadline for businesses to file GST annual returns for 2020-21 fiscal ended March 2021.

27 December, 2021

Amit Mitra urges PM to call GST meet to reverse tax hike on textiles

Outlook Web Desk

The union government had notified an increase in GST on natural fibre products from 5 per cent to 12 per cent, including apparels in the lower tax bracket with effect from January 1, 2022.

22 December, 2021

No One Raises Issue Of Hiking MSP For Sugarcane Out Of Fear: Varun Gandhi

Outlook Web Desk

Varun Gandhi also said he is a "revolutionary" leader and cannot see injustice being done to people.

20 December, 2021

Top 5 Aspects That Show Indian Economy Is Recovering Post-Covid, Finds Report

Pushpita Dey

Private equity investments have surged by nearly 20% post-Covid in India. Several other factors like growing credit scores, better GST collection in this financial year indicate that Indian economy is gradually recovering.

29 November, 2021

Nearly Rs 52,000 Crore Paid To States As GST Compensation: MoS Finance

Outlook Business Team

Minister of State for Finance added the economic impact due to the pandemic led to greater compensation requirements because of lowered GST Collection.

01 November, 2021

Government Poised To Comfortably Meet GST Budget Target Of Rs 1 Trillion For 2021-22

Kamalika Ghosh

According to a government release, the Centre collected Rs 1.30 lakh crore as gross GST revenue for October, the second-highest since the indirect tax regime was implemented.

28 October, 2021

Finance Ministry Releases Rs 44,000 Crore To States To Meet GST Compensation Shortfall

Outlook Business Team

The Finance Ministry had earlier released Rs 75,000 crore in October and Rs 40,000 Crore in July. Till date, accounting the latest amount, it has released a total of Rs 1.59 lakh crore in the current fiscal year.


15 October, 2021

India’s ‘Maitri’ Played Major Role In Global Covid-19 Fight: Nirmala Sitharaman

Outlook Web Desk

Union Finance Minister Nirmala Sitharaman said India’s pandemic response has focused on the ‘twin goals of saving both the lives and livelihoods’.

07 October, 2021

Finance Ministry Releases Rs 40,000 Crore To Meet GST Compensation Shortfall

Outlook Business Team

It added that the total amount disbursed as back to back in lieu of GST compensation reached Rs 1.15 lakh crore for the current financial year.

18 September, 2021

U.P. Hosts First In-Person GST Council Meeting Post Covid, Gives Hope To Tourism, Hospitality

Kamalika Ghosh

The 45th GST Council meeting presided over by FM Nirmala Sitharaman was held in Lucknow on Friday

17 September, 2021

GST Council Unanimously Decides Not Right Time To Bring Petroleum Products Under GST

Kamalika Ghosh

"It was decided, we will report to Kerala HC that, matter has been discussed and Council felt it was not the time to bring petroleum products under GST," finance minister told the media

17 September, 2021

Highlights: FM Nirmala Sitharaman Says Time Not The Right To Bring Petro Products Under GST After 45th Council Meeting

Outlook Business Team

Finance Minister Nirmala Sitharaman announced a series of exemptions after the 45th GST Council meeting on Friday, this also includes an extension of GST concessional rates on COVID-19 related medicines to 31st December, 2021

16 September, 2021

On-Ground GST Council Meet After 20 months. Here's What You Should Look Out For

Kamalika Ghosh

The 45th Goods and Services Tax (GST) Council meeting is set to convene physically after a long time in Lucknow on September 17


16 July, 2021

Centre Borrows, Releases Rs 75k Crore To Compensate States For GST Revenue Shortfall


The amount released is in addition to the normal GST compensation that is paid bi-monthly to states out of the collections made from the levy of a cess on luxury and sin goods.

Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

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The Future of Universities: Can India Overcome The Digital Divide?

The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.

Jan 15, 2022 Saikat Majumdar

Super Immunity, Natural Vaccines, Covid Gods: A Desi Guide To Denying The Pandemic

Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.

Jan 08, 2022 Rakhi Bose

What Is The Future Of The Liberal Arts In Asia?

Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.

Jan 01, 2022 Saikat Majumdar

Nagaland To Lakhimpur Kheri: Rights, Regimes And Restitutions in Times Of Turbulence

The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.

Dec 28, 2021 Tanvir Aeijaz