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GST revenue collection rises 12 pc Year-on-Year to Rs 1.61 lakh crore in J
Updated : 3 years, 1 month 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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CGST Delhi busts input tax credit nexus of over Rs 50 cr; 1 held
Updated : 3 years, 1 month ago IST
Officials at the CGST Delhi West Commissionerate have busted a fake GST invoice nexus and found multiple firms accumulated ineligible 'input tax credit' of more than Rs 50 crores.
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BITS and IIM Fintech Startup Now Lets Users Trade on Whatsapp, Using Live
Updated : 3 years, 1 month ago IST
New Delhi [India], June 28: VerifiedStockExperts.com, a visionary platform developed by industry experts, Himanshu Gupta and Kayur Goyal, has unveiled an innovative solution to address the challenges faced by retail investors in the stock market. With the backing of esteemed industry leaders
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Rs 1.4 lakh cr incentive available in 2023-24 for States' power sector ref
Updated : 3 years, 1 month ago IST
The additional borrowing window for states was announced by the Union Finance Minister Nirmala Sitharaman in Union Budget 2021-22. Under the initiative, an additional borrowing space of up to 0.5 per cent of the Gross State Domestic Product (GSDP) is available to the States annually for a fo
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Odisha again requests GST Council to withdraw tax on tendu leaves, CM writ
Updated : 3 years, 1 month ago IST
In a letter to Union finance minister Nirmala Sitharaman, who also happens to be the chairperson of GST Council, Odisha CM has stated tendu leaves, which are a Minor Forest Produce (MFP), is the financial backbone of 8 Lakh workers in his state.
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Multi-state tax fraud syndicate involving Rs 1,047 cr busted, mastermind a
Updated : 3 years, 1 month ago IST
In a release, the Ministry of Finance said the syndicate was operating 569 fake firms and through them created huge fraudulent Input Tax Credit of Rs 1,047 crore.
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Pakistan's human right violations make chances of reviving 'GSP+' benefits
Updated : 3 years, 1 month ago IST
Pakistan's hope of reviving the 'GSP+' benefits post-expiry of the current scheme is fading away as the deadline of December 31 is approaching quickly, Inside Over piece stated.
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Kigen and TMC collaborate to drive eSIM innovation in Customer Premise Equ
Updated : 3 years, 1 month ago IST
London [UK]/ Shanghai [China], June 21: Kigen, a global leader in eSIM (eUICC) technology, and Tongxin Microelectronics Co., Ltd. (TMC), an industry-leading semiconductor solution provider, today announced a GSMA-certified consumer eSIM solution for affordable customer premise equipment (CPE
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NCP's Supriya Sule urges Nirmala Sitharaman to "withdraw" GST on school su
Updated : 3 years, 1 month ago IST
NCP MP said the rising cost of school supplies is putting a burden on parents, with prices soaring by 35-40 per cent this year alone.
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Black Box Acquires GSN Australia
Updated : 3 years, 1 month ago IST
Mumbai (Maharashtra)/ Dallas (Texas) [US]/ Pittsburgh [US], June 19: Black Box Limited (formerly AGC Networks Limited) (BSE: BBOX) (NSE: BBOX), a trusted IT solutions provider, announced that it has completed the acquisition of GSN Australia through its indirect wholly-owned subsidiary - Bla
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Gross Direct Tax collections for FY 2023-24 see 12.73 pc growth
Updated : 3 years, 1 month ago IST
According to the official data released by the government, "The Gross collection of Direct Taxes (before adjusting for refunds) for the FY 2023-24 stands at Rs 4,19,338 crore as compared to Rs 3,71,982 crore in the corresponding period of the preceding financial year, registering a growth of
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GST Council to hold 50th meeting on July 11
Updated : 3 years, 1 month ago IST
Goods and Services Tax was introduced in the country with effect from July 1, 2017
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