Search For "and services tax"
GST collections grows 12.5 pc to over Rs 1.68 lakh crore in February
Updated : 2 years, 3 months ago IST
The gross Goods and Services Tax (GST) revenue collected for February 2024 stood at Rs 1,68,337 crore, marking a robust 12.5 percent increase compared to that in the same month in 2023, the Union Finance Ministry said on Friday.
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Union Finance Ministry spearheads two-day conference on transformative rol
Updated : 2 years, 3 months ago IST
The Central Goods and Services Tax (CGST), Central Excise and Customs hosted an All Chief Commissioners' Conference on use of AI and other technology needs in customs functioning and transformative approach in Customs automation at Bhopal, Madhya Pradesh.
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Karnataka budget gives priority to improving land record management, strea
Updated : 2 years, 3 months ago IST
In his budget presentation, Karnataka Chief Minister Siddaramaiah announced a slew of initiatives aimed at improving land record management, providing drought relief, and streamlining the Goods and Services Tax (GST) system.
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Parliamentary panel recommends reduction in GST on insurance products
Updated : 2 years, 4 months ago IST
There is a need to reduce the GST rate on insurance products, especially health and term insurance, which is 18 per cent at present, recommends the Standing Committee on Finance.
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Apprehensions that non-BJP states are deprived of their dues a "politicall
Updated : 2 years, 4 months ago IST
Union Finance Minister Nirmala Sitharaman rubbished Congress leader Adhir Ranjan Chowdhury's allegations that the non-BJP states are being deprived of their legitimate tax and GST dues.
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GST collection in Jan 2024 registers second highest monthly revenue
Updated : 2 years, 4 months ago IST
The Goods and Services Tax (GST) collection for January 2024 has recorded the second-highest monthly collection ever, according to the Ministry of Finance.
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Expectations from budget: Entrepreneur looks forward to good schemes for s
Updated : 2 years, 4 months ago IST
Entrepreneur Siraj Dhondh said on Sunday that they are looking forward to good schemes for startups where capital can be raised more cheaply.
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GST on health insurance must be reduced in Budget 2024, Niva Bupa Health I
Updated : 2 years, 4 months ago IST
Lowering the Goods and Services Tax (GST) rate on health insurance products and incentivize more and more people to buy them are some of the key expectations of the insurance sector for the upcoming interim budget in 2024.
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Delhi LG VK Saxena gives assent to The Delhi Goods and Services Tax (Secon
Updated : 2 years, 4 months ago IST
Delhi Lt Governor VK Saxena gave assent to The Delhi Goods and Services Tax (Second Amendment) Bill, 2023 on Wednesday.
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29,273 bogus firms involved in suspected GST ITC evasion, 121 arrested: Fi
Updated : 2 years, 5 months ago IST
A total of 29,273 bogus firms involved in suspected Input Tax Credit (ITC) evasion of Rs 44,015 crore have been detected since mid-May 2023, an official statement issued by the Finance Ministry said on Sunday.
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Punjab witnesses net 16.52 pc growth in GST, 10.4 pc growth in Excise: Har
Updated : 2 years, 5 months ago IST
Punjab Finance, Planning, Excise, and Taxation Minister Advocate Harpal Singh Cheema on Wednesday said that the state has witnessed a net 16.52 percent growth rate in revenue from Goods and Services Tax (GST) and a 10.4 percent increase in revenue from Excise up to December in the current fi
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India posts robust GST growth with Rs 14.97 lakh crore collection from Apr
Updated : 2 years, 5 months ago IST
According to a press release by the Ministry of Finance, this figure marked a substantial increase from the Rs 13.40 lakh crore collected in the corresponding period of the previous fiscal year (April-December 2022).
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