Search For "goods and services"
GST Council postpones major decisions, key issues left for further deliber
Updated : 1 year, 2 months ago IST
No major decisions were made during the 55th meeting of the Goods and Services Tax (GST) Council, held in Jaisalmer. The Council postponed key decisions on issues such as rate rationalisation and the determination of tax rates on insurance premiums.
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Nirmala Sitharaman chairs 55th GST Council meeting in Jaisalmer
Updated : 1 year, 2 months ago IST
Union Finance Minister Nirmala Sitharaman chairs the 55th meeting of the Goods and Services Tax (GST) Council which is underway in Jaisalmer of Rajasthan on Saturday.
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Rate rationalization on insurance part of agenda for next GST Council meet
Updated : 1 year, 2 months ago IST
The proposed rationalisation of GST rates on health and life insurance products will be on the agenda for the upcoming Council meeting on Saturday in Jaisalmer, sources said.
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Substantial rise in GST collection between April-November 2024
Updated : 1 year, 3 months ago IST
The Goods and Services Tax (GST) collections have gone up by 9.3 per cent so far in the current fiscal 2024-25 to Rs 14.56 lakh crore. In the April-November period of last year, the tax mop-up was Rs 13.32 lakh crore.
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Congress MP Vijay Vasanth gives adjournment motion in LS to discuss remova
Updated : 1 year, 3 months ago IST
Congress MP Vijayakumar alias Vijay Vasanth on Monday gave an adjournment motion notice in Lok Sabha and urged discussion of the pressing issue of removal of the Goods and Services Tax (GST) on agricultural products and essential food items.
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GST collections in October increase by 9% to Rs 1.87 lakh crore
Updated : 1 year, 4 months ago IST
Goods and Services Tax (GST) collections in October, in gross terms, were at Rs 1.87 lakh crore, with a yearly jump of 8.9 per cent, according to data from the finance ministry released on Friday.
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Roll of 200 shell entities on ED radar in Gujarat GST fraud case
Updated : 1 year, 5 months ago IST
The Enforcement Directorate (ED) has broadens its ambit of investigation against an organized web of 200 fake and shell entities being operated by the accused persons in order to fraudulently receive and pass on fraudulent input tax credit to the tune of crores of rupees to ineligible firms
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High prices of imported crude, gold, and chemicals contributed to high inf
Updated : 1 year, 5 months ago IST
India's imported inflation reached a 13-month high in September 2024, growing by 2 per cent, according to a report by the State Bank of India (SBI).
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ED raids 23 places in six cities of Gujarat in GST fraud matter
Updated : 1 year, 5 months ago IST
The Enforcement Directorate (ED) is conducting raids at 23 locations in six cities of Gujarat in an alleged Goods and Services Tax (GST) fraud matter.
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IDFC FIRST Bank Goes Live on GST Portal for Seamless Tax Payments
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], October 5: IDFC FIRST Bank is pleased to announce its integration with the Goods and Services Tax (GST) portal, enabling seamless GST payments. Customers will now benefit from an intuitive, hassle-free payment experience, with instant payment confirmations and e
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Festive season will bring in higher GST collections in coming months: Exp
Updated : 1 year, 5 months ago IST
After the Goods and Services tax collections for September showed a yearly jump of 6.5 per cent, the experts in this domain have expressed optimism for the collections in the upcoming months, citing the continued festive season and the government's focus to ensure a stable revenue trajectory
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GST collections in September rise 6.5% year-on-year at Rs 1.73 lakh crore
Updated : 1 year, 5 months ago IST
Goods and Services Tax (GST) collections in September, in gross terms, were at Rs 1.73 lakh crore, with a yearly jump of 6.5 per cent, according to data from finance ministry released on Tuesday.
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