Four months after GST rollout, we are starting to see some green shoots after a mega overhaul last week where the GST council slashed the taxes on nearly 200 items. However, what's even more encouraging is that the revenue collections are starting to pick-up and the shortfall is gradually reducing. CNBC-TV18's Shereen Bhan caught up with experts to discuss the collection numbers.
CNBC-TV18’s Shereen Bhan is moderating a panel for Eye on India with eminent panellists, SC Garg, Economic Affairs Secretary and TN Ninan of Business Standard. They discussed about mega recapitalisation plan for public sector undertaking (PSU) banks and about India's economic future.
The next GST council meeting on October 6th has its task cut out and it is time to address the gaps in the landmark Goods and Services Tax. Exporters are complaining of blockages of working capital as refunds are getting delayed. CNBC-TV18's Shereen Bhan caught up with experts to find whether these moves are enough to calm the nerves of the lakhs of taxpayers who are running short of cash to run their business?
Keeping in mind the Centres push for electric vehicles, CNBC-TV18's Shereen Bhan caught up with experts to understand the challenges and opportunities a policy move like this bring and also analyse the preparedness of automakers and India's race to become the world's third largest car market by 2030.
Watch the interview of Abizer Diwanji Partner & National Leader Financial & Restructuring Services, EY India and Sumant Batra Insolvency Lawyer with CNBC-TV18's Manisha Natarajan where they spoke about the Insolvency code.
At the last count, the government has collected as much as Rs 42,000 crore in the first filing under the goods and services tax. This number is expected to increase as more returns are filed in the next two days. The last date of filing returns is now August 25.
In an interview to CNBC-TV18's Shereen Bhan, Mahender Singh, Member-GST, CBEC, Navin Kumar, Chairman of GSTN and Harishanker Subramaniam, Partner & National Leader - Indirect Tax at EY India spoke about the August 5 meeting of the GST and what it will mean going ahead.
After over a decade of back and forth, the goods and services tax became a reality on the July 1. India's biggest tax reform since independence subsumed more than a dozen taxes in the country. We are nearing the one month milestone of the GST rollout and today we take stock of the hits and misses in this first month.