The Goods and Services Tax (GST) collection for January 2024 has recorded the second-highest monthly collection ever, according to the Ministry of Finance.
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.
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
The Punjab Vigilance Bureau apprehended Sammy Dhiman, an accused who had orchestrated a significant financial loss to the government, amounting to Rs. 25 crores approximately in Goods and Services Tax (GST) revenue, through the use of fraudulent invoices and fictitious firms.
The Central government on Thursday clarified that 'Gangajal', used in pooja by households across the country, is exempted from Goods and Services Tax (GST).
Ahead of the 52nd Goods and Services Tax (GST) Council meeting on Saturday, Delhi Finance Minister Atishi criticised the Centre over the imposition of 28 per cent tax on online gaming industry, adding that the Coucil should consider withdrawing the tax evasion notices on companies in the
Union Finance Minister Nirmala Sitharaman with preside over the 52nd Goods and Services Tax (GST) Council meeting at the Sushma Swaraj Bhawan in New Delhi on Saturday.
It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the financial year 2023-24. Notably, in April, the gross GST collection was at an all-time high of Rs 187,035 crore.
In her address at the Pratidin Conclave, Sitharaman shed light on the substantial advantages that the northeastern states of India have reaped from the implementation of the Goods and Services Tax (GST).
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 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.