On the rising GST collections, Kejriwal took the credit and said his government in Delhi has shown "that honest governance leads to increased revenue."
"GST has done justice to the consumers by bringing the rates down compared to the previous regime. Before GST was introduced, India's indirect tax system was fragmented, where every state was effectively a distinct market for the industry as well as the consumer. GST has brought in greate
The gross goods and services tax (GST) revenue collection of India in the month of June stood at Rs 1,61,497 crore, 12 per cent higher than the revenue collected in the same month last year, the Ministry of Finance said on Saturday.
The Central Bureau of Investigation (CBI) has arrested two Superintendents and three Inspectors, all of Central Goods and Services Tax (CGST), Jabalpur in a bribery case involving seven lakh.
The top Indian states, accounting for 90 per cent of aggregate gross state domestic product, are expected to see revenue growth of 6-8 per cent to a cumulative Rs 34 lakh crore in the 2023-24 financial year, according to rating agency Crisil.
"The state has recorded a Gross GST collection of Rs 4397.73 crore during May 2023 against a collection of Rs 3955.75 crore over the corresponding period of the previous year with a growth rate of 11.17 per cent. The progressive gross GST collection up to May 23 stands at Rs 9433.47 crore ag
Indore (Madhya Pradesh) [India], May 20 (ANI/PNN): Indore-based Chartered Accountants CA Anmol Bohra and CA Vikram Tongya have developed a groundbreaking application called Law Legends. This innovative app aims to simplify and provide comprehensive information on India's complex Income Tax a
Birdi who is a joint director (Goods and Services Tax), Excise Department, Punjab spent over Rs three crore, approximately 145.40 per cent more than his total income, beyond his known sources of income.
This timely and decisive intervention is aimed at making two-wheelers more affordable, reviving demand, and reinvigorating an industry that has seen a significant slump in sales over the past few years, according to a statement from FADA.
"Great news for the Indian economy! Rising tax collection despite lower tax rates shows the success of how GST has increased integration and compliance," tweeted PM Modi.