Search For "goods and services tax"
GST has done justice to consumers by bringing rates down: Nirmala Sitharam
Updated : 2 years, 12 months ago IST
"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
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GST revenue collection rises 12 pc Year-on-Year to Rs 1.61 lakh crore in J
Updated : 2 years, 12 months ago IST
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.
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GST Council to hold 50th meeting on July 11
Updated : 3 years ago IST
Goods and Services Tax was introduced in the country with effect from July 1, 2017
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CBI arrests Central Goods and Services Tax officials in bribery case
Updated : 3 years ago IST
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.
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Revenue of top Indian states to grow 6-8 pc in 2023-24 fiscal: Crisil
Updated : 3 years ago IST
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.
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Odisha records over 11 pc growth rate in GST mop-up during May 2023
Updated : 3 years ago IST
"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
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Indore CA Duo Launches Law Legends: India's First App Simplifying Income T
Updated : 3 years, 1 month ago IST
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
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Punjab Vigilance Bureau registers disproportionate assets case against exc
Updated : 3 years, 1 month ago IST
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.
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Automobile dealers' association seeks GST cut on 2-wheelers from 28 per ce
Updated : 3 years, 1 month ago IST
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.
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PM Modi lauds highest-ever GST collection in April 2023
Updated : 3 years, 2 months ago IST
"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.
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GST revenue collection for April highest-ever at Rs 1.87 lakh crore
Updated : 3 years, 2 months ago IST
GST revenues for April 2023 are 12 per cent higher than the GST revenues year-on-year. The highest tax collected on a single day ever was Rs 68,228 crore through 9. 8 lakh transactions on April 20, 2023
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Delhi HC dismisses pleas challenging notification levying GST on online bo
Updated : 3 years, 2 months ago IST
The Delhi High Court has dismissed the three petitions challenging the notifications of the central government's imposed Goods and Services Tax (GST) on online booking of autorickshaw rides through ride-sharing applications by commuters.
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