Chandigarh (Punjab) [India], Aug 25 (ANI): The Punjab Cabinet on Tuesday approved the proposal for introduction of Punjab Goods and Services Tax (Amendment) Bill, 2020.
Mumbai (Maharashtra) [India], August 24 (ANI): States are likely to face uncovered losses of up to Rs 3.1 lakh crore in the current financial year due to massive disruption caused by COVID-19 pandemic, according to a report by State Bank of India (SBI) released on Monday.
New Delhi [India], Aug 24 (ANI): The Finance Ministry on Monday recounted several achievements of former Finance Minister Arun Jaitley who heralded the Goods and Services Tax (GST) and passed away a year ago.
New Delhi [India], Aug 24 (ANI): Businesses with an annual turnover of up to Rs 40 lakhs are Goods and Services Tax (GST) exempt and those with a turnover up to Rs 1.5 crore can opt for the Composition Scheme and pay only one per cent tax, the Ministry of Finance said on Monday.
New Delhi [India], Aug 22 (ANI): Union Home Secretary Ajay Bhalla has written to all Chief Secretaries, requesting them not to impose restrictions on inter-state and intra-state movement of persons and goods and services and to follow MHA guidelines.
Ludhiana (Punjab) [India], Aug 14 (ANI): The e-vehicle manufacturers in Punjab's Ludhiana have said that even though the sales of e-vehicles would increase after permission of selling and registering them without pre-fitted batteries, the Goods and Services Tax (GST) on the batteries should
New Delhi [India], Aug 13 (ANI): The Delhi High Court dismissed a public interest litigation (PIL) seeking direction to the Centre to classify masks and sanitisers as essential commodities, regulate their prices and reduce the Goods and Services Tax (GST) on alcohol-based sanitisers.
New Delhi [India], Aug 3 (ANI): The Ministry of Defence on Monday released draft Defence Production and Export Promotion Policy 2020 with an objective to achieve a turnover of Rs 1,75,000 Crores (USD 25 billion) including export of Rs 35,000 Crore (USD 5 billion) in Aerospace and Defence goo
New Delhi [India], August 1 (ANI): The Goods and Services Tax (GST) revenue collections in July totalled Rs 87,422 crore, 14 per cent less than in the year-ago period as economic activities slowed due to COVID-19 led countrywide lockdown, the government said on Saturday.
New Delhi [India], July 27 (ANI): The Centre on Monday released Rs 1,65,302 crores as Goods and Services Tax (GST) compensation to states/Union Territories for the financial year 2019-20 against cess collection of Rs 95,444 crores.
Chennai (Tamil Nadu) [India], July 24 (ANI): The Tamil Nadu Lorry Owners Association on Friday staged a protest against the hike in diesel prices and demanded that diesel should be brought under the Goods and Services Tax (GST).
New Delhi [India], July 17 (ANI): 1,377 exporters who have been fraudulently claiming Integrated GST refund amounting to Rs 1,875 crores, have been found untraceable at their principal place of business, said Union Finance Ministry sources.