The Productivity Commission finds the WA GST deal is a "costly mistake" that has led to "perverse" outcomes, and recommends it be scrapped.

New Delhi, Jul 27: The Finance Ministry will soon move the Cabinet with changes in the GST Constitutional Amendment Bill providing for full compensation to states for first five years of roll out of ...

The way in which money from Goods and Services Tax (GST) is allocated to states—a perennial source of dispute—is back on the agenda as the treasurer of Australia’s most populous state, New South Wales ...

"There is no act of God in the GST formula. This is a brazen abrogation of a solemn promise," Kerala Finance Minister Thomas Isaac said, hitting out at the Centre. On GDP growth figures, he said," I ...

Amid a raging row over the hefty taxes on petrol and diesel, NITI Aayog is learnt to have proposed a formula whereby the two motor fuels and electricity could be brought under the goods and services ...