Search For "good and services tax"
GST collections in February soar 9.1 pc to Rs 1.84 lakh crore
Updated : 1 year ago IST
Gross Goods and Services Tax (GST) collections for February 2025 saw a significant increase of 9.1 per cent compared to the same month last year, reaching approximately Rs 1.84 lakh crore, as per government data released Saturday.
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29,273 bogus firms involved in suspected GST ITC evasion, 121 arrested: Fi
Updated : 2 years, 2 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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GST collections jump 15 pc to Rs 1,67,929 lakh cr in Nov: Finance Ministry
Updated : 2 years, 3 months ago IST
Good and Services Tax (GST) Revenue collection for November 2023 stands at Rs 1,67,929 lakh crore recording the highest growth rate of 15 per cent Year-on-Year, an official statement issued by the Ministry of Finance said on Friday.
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India's inflation could dip to 5 pc by March: SBI Research Report
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): There is only 20-30 per cent likelihood of a global recession and chances of prolonged stagflation in the economy seem more, according to State Bank of India research report Ecowrap's latest edition, which has projected that India's inflation rate is expecte
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Chhattisgarh CM to discuss GST, development of Naxal-affected areas in mee
Updated : 3 years, 11 months ago IST
Raipur (Chhattisgarh) [India], April 13 (ANI): Chhattisgarh Chief Minister Bhupesh Baghel on Wednesday said that he will discuss issues like Good and Services Tax (GST), Naxal-affected areas and their development and other issues concerning the state during his meeting with Union Home Minist
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Two arrested for input tax credit fraud
Updated : 4 years, 6 months ago IST
New Delhi [India], August 20 (ANI): Directorate General of Good and Services Tax Intelligence (DGGSTI), Meerut Zonal Unit, on Friday busted a billing racket involved in creating numerous fictitious firms for fraudulent passing of Input Tax Credit (ITC) on invoices without the supply of actu
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Odisha records OGST collection of Rs 827.43 crore in May
Updated : 4 years, 9 months ago IST
Bhubaneswar (Odisha) [India], June 4 (ANI): Odisha has collected Rs 827.43 crore Odisha Good and Services Tax (OGST) during the month of May 2021, the Commissionerate of Commercial Tax and GST said on Thursday.
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12 persons including a CA arrested in a single day for fake GST invoice fr
Updated : 5 years ago IST
New Delhi [India], February 24 (ANI): In the ongoing nationwide drive against fake Good and Services Tax (GST) invoice frauds since mid-November 2020, the Directorate General of GST Intelligence (DGGI) and CGST Commissionerates have arrested 12 persons in a single day including a Chartered A
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DGGI arrests man for fraudulently availing input tax credit of Rs 376 cror
Updated : 5 years, 1 month ago IST
New Delhi [India], February 10 (ANI): The Directorate General of Good and Services Tax Intelligence (DGGI) of Gurugram Zonal Unit (GZU), Haryana, has arrested Ritesh Aggarwal, a resident of Bahadurgarh, Haryana on charges of passing and availment of fake ITC while operating dummy, fake and n
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Survey pins hope on GST revenue collections to rein in fiscal deficit
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 31 (ANI): The Economic Survey for 2019-20 released on Friday said that drop in fixed investment by households from 14.3 per cent to 10.5 per cent explains most of the decline in overall fixed investment between 2009-14 and 2014-19.
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GST has brought transparency in doing business, says PM Narendra Modi
Updated : 6 years, 11 months ago IST
New Delhi [India], Apr 19 (ANI): Prime Minister Narendra Modi on Friday said that the implementation of Good and Services Tax (GST) has brought transparency in doing business.
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Rahul attacks KCR for supporting GST, demonetisation
Updated : 6 years, 11 months ago IST
Zahirabad (Telangana) [India], Apr 1 (ANI): Congress president Rahul Gandhi on Monday hit out at Telangana Chief Minister K Chandrashekhar Rao for supporting the Bharatiya Janata Party (BJP) and Prime Minister Narendra Modi on the Good and Services Tax (GST) and demonetisation.
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