Just a moment...

Top
Help
Upgrade to AI Tools

We've upgraded AI Tools on TaxTMI with two powerful modes:

1. Basic
Quick overview summary answering your query with referencesCategory-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
Detailed report covering:
     -   Overview Summary
     -   Governing Provisions [Acts, Notifications, Circulars]
     -   Relevant Case Laws
     -   Tariff / Classification / HSN
     -   Expert views from TaxTMI
     -   Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Explore AI Tools

Powered by Weblekha - Building Scalable Websites

×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        Showing Results for : Reset Filters
        Case ID :

        Congress alleges slowdown in GST collections, asks govt to focus on complexities of economy

        January 3, 2025

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        New Delhi, Jan 3 (PTI) The Congress on Friday expressed concern over the "disappointing" latest GST numbers and urged the government to focus on the complexities of the economy instead of imposing tax on popcorn.

        In a statement on the latest GST numbers, Congress general secretary in-charge communications Jairam Ramesh claimed India was locked in a "pernicious cycle of low consumption - low investment - low growth - low wages".

        He said, "The litany of demoralising news on the economic front from the deceleration in growth to the poor GST revenue collections -- demands that the government apparatus shift its focus from administering tax on popcorn to engaging with the complexities of the economy." "The Union budget, due to be presented next month, must provide income support to India's poor and tax relief for the middle classes. A GST 2.0 -- a truly Good and Simple Tax like the Indian National Congress had envisaged in its Nyay Patra for the 2024 Lok Sabha Elections -- must be instituted," he added.

        He also said tax and investigative agency terrorism that was deterring private investment and leading to flight of entrepreneurs must end.

        The Congress leader said the latest data from December showed that GST collection receipts increased at the second-slowest pace in three-and-a-half years this past month.

        "Net GST collections, after adjusting for refunds, slumped to 3.3 per cent growth -- the lowest in FY25. This is concerning news, on several fronts," he claimed.

        Ramesh said the government recorded an increase in GST collections of 8.6 per cent in the first three quarters of the current financial year.

        "The budget estimates had factored in an 11 per cent growth. This slowdown in revenue collections cannot be justification for the government to further cut down on social welfare programme like MGNREGA, at a time when rural wages have been stagnant and consumption slackening," he said.

        Government expenditure must instead be used as a stimulus for the economy, he asserted. PTI SKC SKC SZM SZM

        GST slowdown prompts call for income support and tax relief to revive consumption and investment. Persistent deceleration in GST receipts reflects weakening demand, with net collections showing very low growth and year-to-date short of budgeted targets; government expenditure should act as stimulus rather than justification for cutting social programmes. The statement urges targeted income support for low-income households, tax relief for the middle classes, implementation of a simpler GST 2.0, and an end to enforcement practices that deter private investment, while preserving funding for MGNREGA.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                GST slowdown prompts call for income support and tax relief to revive consumption and investment.

                                Persistent deceleration in GST receipts reflects weakening demand, with net collections showing very low growth and year-to-date short of budgeted targets; government expenditure should act as stimulus rather than justification for cutting social programmes. The statement urges targeted income support for low-income households, tax relief for the middle classes, implementation of a simpler GST 2.0, and an end to enforcement practices that deter private investment, while preserving funding for MGNREGA.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found