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The announcement for restructuring of the state GST department dated 19th January will be done by Chief Minister Pinarayi Vijayan said Kerala Finance Minister KN Balagopal. Kerala FM stated that there would be a restructuring of the GST council. At present three sections would be there, taxpayer, audit, and intelligence. There shall be much more […]
E-invoice will come into action from October 2020, and after its inclusion businesses having turnover INR 500 crores or above have to generate invoices through a centralized Government portal. As per a recent update, a meeting between a high-level group of ministers will be organized where they will discuss GST E-invoicing Know the step by […]
Kerala Finance Minister disfavour the idea of dwindling GST rate on automobiles as a measure to lift the economic health of Nation, instead, he is making recommendations for fiscal expansion. According to Kerala FM Thomas Issac, GST rate cut on automobiles will not be profitable and it will only lead to revenue loss for the […]
Kerala Finance Minister T M Thomas Issac has clearly given some gestures regarding the increasing smoke of problems and issues related to fundamental disputes recently. The minister assured that there are no major effects on the council operational counterpart and also no discontentment arose due to the mismatched decisions of various ages indulging in the meet.
The government from the southern part has been looking into the matter of lottery and prize money situation which will attract into the GST act as one can understand that under the Goods and Services Tax (GST) organization, Kerala faces the danger of its yearly income worth around Rs.4,000 crore from lottery bargains. Finance Minister T. M. Thomas Isaac said that lotteries would go under the GST and once it’s in reality, Kerala will be constrained to allow the operation of lotteries from various States, including Bhutan and Sikkim, which are not in action.
Kerala Finance minister Thomas Isaac said that he is confident that the central government won’t have the capacity to show the supporting enactment of the goods and service tax (GST) in this session of Parliament.
The Kerala Goods and Services Tax department has started a GST registration drive in the State in a bid to bring more traders under the tax net and ensure tax returns are submitted in said time. Finance Minister K.N. Balagopal, presenting the 2025-26 State Budget last February, had declared that State-level campaigns would be organised […]
On Wednesday, August 20, 2025, Finance Minister Nirmala Sitharaman is set to address an important meeting with a group of state ministers. During this meeting, she will advocate for significant reforms to the Goods and Services Tax (GST). These proposed changes aim to lower tax rates, which could subsequently result in reduced prices for commonly […]
With the majority of initial challenges, such as online portal glitches, invoice matching issues, and delays in refunds, largely addressed and monthly revenue consistently exceeding Rs 1.6 lakh crore, experts suggest that the government is poised to advance the second-generation reforms in the GST. In the upcoming interim budget presentation on February 1, Finance Minister […]
