💡 Insights
India's states collected a gross domestic GST of Rs 1,44,695 crore in July 2026, up 10.1% from Rs 1,31,439 crore in July 2025. This is a faster pace of growth than June, when the year-on-year rise was 6.5%, suggesting business activity picked
📰 News
Goods and Services Tax(GST) has been introduced and implemented in India to reduce the anomalies caused by the previous tax system. GST, or Goods and Services Tax is a tax that customers have to pay when they purchase any goods or services, such as food, clothes, electronics, items of
📚 Learning
The question of which tax system is better is debatable. Before GST was introduced, the VAT system was followed in India. GST not only brought an excellent revolution in the Indian economy and society but also it increased the government revenue. Is GST practically better than the previous tax system?
📰 News
GST was implemented in India in July 2017. The GST was meant to replace a slew of indirect taxes with a federated tax. It has impacted almost all Industries, including start-ups. Startups are liable to pay taxes as they cross the threshold limit are liable to pay GST from the