After the flood destroyed the economy, the Kerala Finance Minister presented the State budget for the year 2019-20 today. The key highlights of the budget proposals are the following; Additional 2 percent tax would be

The proposal to impose GST Cess after the heavy flood in Kerala may be delayed after the GST Council asked all member states to study the state’s proposal and submit their recommendations. A proposal to

The Fifteenth Meeting of the GST Council held at New Delhi cleared the pending rules, including transition provisions and returns. In the meeting chaired by Finance Minister Jaitley, all the states agreeing to July 1

The Group of Ministers (GoM), under Bihar Deputy Chief Minister Sushil Modi, on Monday will examine the modalities for revenue mobilisation by levying additional tax under the GST in case of natural calamities as per the GST Council’s recommendation. "The GoM on levying

The 30th meeting of the GST Council has decided to set up a seven- member Group of Ministers to make suggestions on the demand for 10% cess on SGST for Kerala rehabilitation, the GoM may

Kerala Finance Minister T.M. Thomas Isaac, in his budget, has announced an amnesty scheme for redressing the tax disputes of Value Added Tax dealers. During the budget speech for 2017-18, Dr. Isaac said if the

After more than one month of GST rollout, the State Government of Kerala has introduced the Kerala GST Bill, 2017 before the assembly. The Bill was referred to the subject committee for further steps. Finance

The Goods and Services Tax ( GST ) may introduce a new cess for the flood-affected Kerala, Kerala Finance Minister Thomas Isaac tweeted. Finance Minister Arun Jaitley has proposed additional cess on select commodities under

While pronouncing the State Budget for the year 2018, Kerala State Finance Minister Thomas Isaac today pointed out that the Central Government has failed to share revenue from the Goods and Services Tax (GST) with

A Group of Minister (GoM) has been constituted under the chairmanship of Bihar Finance Minister Sushil Kumar Modi to analyze the revenue shortfall in States under the new Goods and Services Tax (GST) regime. In its

The next GST Council meeting will be on 28th September 2018 via video conferencing, in which the proposal to cut rates on some items could be taken up. The GST Council may cut tax rates

The Kerala Goods and Services Tax (KGST) department today declared that the amnesty scheme announced in the State Budget 2017-18 is available to traders till 30th June 2018. Kerala Finance Minister T.M. Thomas Isaac, in

The Finance Minister of Kerala, TM Thomas Isaac has proposed the budget for the year 2020-21. The significant announcement made by the Kerala government was that it raised the tax rates of motor vehicles and

The Kerala State Finance Minister Thomas Isaac has recently asked all the local bodies to depute an officer or Financial Expert to become GST compliant, besides issuing guidelines on the incidence of Goods and Services

In a recent development, the Kerala High Court overturned a previous ruling by a Single Judge that had granted the Enforcement Directorate (ED) permission to issue fresh summons to Dr. T.M. Thomas Issac, former Finance