Doomsday prophecy over GST 'rip-off' fails to come true Australia's most populous state has kept a key triple-A credit rating, sparing taxpayers the pain of covering potentially higher interest repayments. AAP · Sep 19, 2024
Morning Mail: credit rating fears for NSW after GST hit; Bendigo doctor’s supervision order suspended; Ukraine welcomes US aid State’s treasurer says ‘absurd’ GST revenue split has taken more from NSW’s budget than Covid-19 The Guardian - AU · Apr 21, 2024
GST collections up 12.54% in February India's GST revenue in February 2024 hits ₹1.68 lakh crore, marking 12.54% growth, with 18.4 lakh crore collected this year. The Hindu · Mar 1, 2024
L-G writes to CM Kejriwal for action against GST evasions Delhi Lieutenant Governor V.K. Saxena wrote a letter to Chief Minister Arvind Kejriwal “advising” him to ask the Finance Minister to hold a detailed enquiry in alleged GST evasions The Hindu · Feb 19, 2024
Tax collection on course to grow 3 times to over ₹19 lakh crore in 10 years of Modi Government Tax collections likely to exceed ₹19 lakh crore in 10 years of Modi-led Government, providing more leeway for people-friendly tax measures. The Hindu · Dec 29, 2023
Indigenous people and climate justice groups say Cop28 was ‘business as usual’ Developing countries call agreement to transition away from fossil fuels ‘unfair’ and ‘inequitable’ The Guardian - UK · Dec 13, 2023
No Fossil Fuel Phase-Out in COP28 Climate Deal But perhaps the beginning of the end of era of fossil fuels? Reason · Dec 13, 2023
COP28: No 'Phase Out' of Fossil Fuels After All Countries could include reducing the consumption and production of fossil fuels. Reason · Dec 11, 2023
Cop28 draft climate deal drops mention of fossil fuel 'phase-out' The "phase-out" of fossil fuels was deleted on Monday from a long-awaited draft of the UN Cop28's flagship global stocktake and replaced with watered-down language, a day before the climate talks in Dubai were due to end. Radio France Internationale · Dec 11, 2023
Cop28 failing on climate adaptation finance so far, African group warns Continent’s chief negotiator says an agreement for fair and equitable funding is a matter of life and death The Guardian - UK · Dec 9, 2023
Renewed call for stadium's GST exemption Tasmania's treasurer has doubled down on his calls for the federal government to provide a GST exemption for Hobart stadium funding. AAP · Dec 8, 2023
Creating certainty: On the Goods and Services Tax The government must consider resetting its ambitions and work towards making the Goods and Services Tax a truly good and simple tax, as it was promised to be The Hindu · Dec 6, 2023
States agree to do more heavy lifting on disability, in exchange for extra health and GST funding The Albanese government has promised extra funding for health and to extend its top-up of the GST, in exchange for the states undertaking more of the heavy lifting on disability to help curb the National Disability Insurance Scheme’s cost blowout. The Conversation · Dec 6, 2023
What is the hospital funding agreement politicians are talking about today? National Cabinet meets today to discuss three big issues in Commonwealth-state financial relations: GST allocation, National Disability Insurance Scheme (NDIS) funding, and a Commonwealth government proposal to kick-start negotiations on a new National Health Reform Agreement, to take effect in July 2025. The Conversation · Dec 5, 2023
The Hindu · Dec 5, 2023 COP28 Climate Summit | Global Stocktake draft calls for phasing out fossil fuels Latest version of the Global Stocktake includes a clause committing all signatories to “an orderly and just phase out of fossil fuels”; negotiators say that COP 28’s location in the UAE, a petro state, has influenced language in the document
The Hindu · Dec 5, 2023 Kerala Opposition Leader V.D. Satheesan says adjournment motion in Lok Sabha echoes Congress’s party line kerala Opposition leader v.d. Satheesan rebutted CPI(M) claim that Congress' Lok Sabha motion on Kerala's financial crisis contradicted UDF's narrative. He said Congress had repeatedly slammed Centre's fiscal federalism trespasses. Satheesan accused LDF of dismal fiscal management, maladministration, prolificacy & corruption. He said Centre's scaling down of tax dividend &…
The Guardian - AU · Dec 5, 2023 Victoria in the dark on proposed NDIS changes on eve of national cabinet meeting, minister says Lizzie Blandthorn accuses the federal government of not providing enough information, but Bill Shorten is ‘quietly positive’ reforms can be agreed
The Hindu · Dec 4, 2023 Average monthly GST mop-up at ₹1.66 lakh crore so far this fiscal: Finance Minister Nirmala Sitharaman GST collection has been increasing since 2017, with average monthly mop-up in FY 2023-24 at ₹1.66 lakh crore, 11% higher than previous year. Govt. has brought reforms to improve compliance and increase collection, such as e-way bill, ITC matching, e-invoice, etc. 14,897 appeals pending as of Oct. 2023, higher than…
The Hindu · Dec 2, 2023 Kerala cries foul over Centre’s decision to deduct ₹332 crore from IGST settlement Kerala government cries foul over ₹332 cr. IGST deduction. Finance Minister Balagopal urges Union FM Sitharaman to reverse decision, citing lack of clarity & adversely affecting fiscal situation. Calls for deliberations in GST Council & plugging leakage in GST system.
AAP · Nov 29, 2023 Chalmers open to talks with states on GST Ahead of a treasurers' meeting, Jim Chalmers says he will work with the states to ensure they get a fair share of goods and services tax revenue.
The Times of India · Nov 29, 2023 UP assembly passes bill for imposition of higher tax on online games, casinos and lottery LUCKNOW: The UP assembly on Wednesday formally passed the bill to impose 28% GST on the online gaming, casinos, lottery and horse racing events in the state.
The Hindu · Nov 28, 2023 Unpacking the Dubai climate meeting At the top of the COP28 agenda is the first Global Stocktake, a key part of the Paris Agreement machinery
The Hindu · Nov 26, 2023 KVVES demands separate department for retail sector KVVES demands separate dept. for retail trade to protect existing jobs, create new ones; requests govt. to raise GST registration & FSSAI licence limits to ₹2 cr., extend consideration to small-scale traders, unify fines, relax tax, ensure compensation for evicted traders, solve traffic issues.
The Hindu · Nov 16, 2023 Centre committed to improving efficiency in tax administration, says Nirmala Sitharaman Centre committed to improving efficiency in tax administration, says Nirmala Sitharaman. Union Minister for Finance Nirmala Sitharaman virtually participates in the stone-laying ceremony for GST Bhavan in Tirupati.
The Hindu · Nov 16, 2023 I-T department seizes cash ahead of Assembly elections in five States I-T dept seizes more unexplained cash in run-up to Assembly elections in five States. CBDT chairman Nitin Gupta said pre-election monitoring of cash and surveillance is intense.