The Centre’s move to bring the Goods and Services Tax Network (GSTN) under the purview of Prevention of Money Laundering Act (PMLA) was to empower the relevant investigating agencies to deal with tax fraud and money laundering matters, and not giving outright access to data to any party, sai
The central government on Saturday issued a notification to bring the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA). With the implementation of the said order, the information stored on the GST Network can now be shared under the PMLA Act.
Nirmala Sitharaman who chairs the GST Council, said that the government has offered an exemption on GST for satellite launch services provided by private organisations.
Sources told ANI that the Group of Ministers (GoM) report on online gaming, casino and horse racing along with proposed taxation around is expected to be up for deliberations. So far, the sources added there has been no consensus among the GoM members for taxing online gaming at a flat 28 pe
On the rising GST collections, Kejriwal took the credit and said his government in Delhi has shown "that honest governance leads to increased revenue."
Mumbai (Maharashtra) [India], July 4: Mumbai CGST & Central Excise Zone celebrated the 6th GST Day on 1st July, 2023. Governor of Maharashtra, Ramesh Bais graced the occasion as the Chief Guest of the event. Officers and staff from Mumbai CGST & Central Excise Zone, officers of Mumba
As per the Commissionerate of CT and GST Government of Odisha, "The State has collected OGST and IGST Settlement to the tune of Rs 1732.49 Cr during June 2023 as against collection of Rs 1384.59 Cr during June 2022 recording a growth of 25.13 per cent."
"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
"There are immense possibilities in Uttar Pradesh. We should also create new sources to increase revenue collection. Concerted efforts should be made in line with the GST and VAT collection target of Rs 1.50 lakh crore for the current financial year," the CM said.