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Centre announces relief measures for taxpayers under GST law in view of CO
Updated : 4 years, 11 months ago IST
New Delhi [India], May 2 (ANI): The Centre on Sunday announced various relief measures for taxpayers under Goods and Services (GST) law in view of the COVID-19 pandemic.
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GST collections in April at record high of Rs 1.41 lakh crore
Updated : 4 years, 11 months ago IST
New Delhi [India], May 1 (ANI): The gross Goods and Services Tax (GST) revenue collected in April was at Rs 141,384 crore, touching the highest level since its introduction, the government said on Saturday.
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Net indirect tax collections in FY21 up 12 pc to actual revenue receipts i
Updated : 4 years, 11 months ago IST
New Delhi [India], April 13 (ANI): Provisional figures for indirect tax collections (GST and non-GST) for 2020-21 show that net revenue collections are at Rs 10.71 lakh crore as compared to Rs 9.54 lakh crore for 2019-20, marking a growth of 12.3 per cent, the government said on Tuesday.
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Delhi court grants bail to proprietor of private firm in GST invoice fraud
Updated : 4 years, 11 months ago IST
New Delhi [India], April 10 (ANI): A Delhi Court on Saturday granted bail to a proprietor of a private company in connection with a case dealing with Central Goods and Services Tax (CGST) for generating fake bills of over Rs 50 crores.
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Shrachi's BTL EPC Ltd. bags order worth Rs 170 crore from Bharat Heavy Ele
Updated : 4 years, 11 months ago IST
Kolkata (West Bengal) [India], April 6 (ANI/NewsVoir): BTL EPC Ltd., the engineering division of the Kolkata-based Shrachi Group, has secured a Rs 170 crore (incl. GST) order from BHEL for setting up a 1x660 MW coal handling plant at Murshidabad for West Bengal Power Development Corporation
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World Bank projects India's economic growth between 7.5 pc - 12 pc, expect
Updated : 4 years, 12 months ago IST
New Delhi [India], April 2 (ANI): Amid uncertainty caused by the COVID-19 pandemic Revenue, and Department of Economic Affairs Secretary, Tarun Bajaj on Tuesday predicted a better growth for the Indian economy and said World Bank has projected India's growth rate between 7.5 per cent to 12 p
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Record GST collection due to economic recovery and increased compliance, s
Updated : 4 years, 12 months ago IST
New Delhi [India], April 2 (ANI): The all-time high record collection of Goods and Service Tax (GST) is due to economic recovery and increased compliance with the use of technology, said Tarun Bajaj, Secretary, Revenue and Department of Economic Affairs. GST collection in March this year
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GST revenue collection touch new high at Rs 1.23 lakh crore
Updated : 4 years, 12 months ago IST
New Delhi [India], April 1 (ANI): The gross Goods and Services Tax (GST) revenue collected in March was at a record of Rs 1.23 lakh crore, touching the highest level since its introduction, the government said on Thursday.
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Centre releases Rs 30,000 cr as GST compensation for FY 2020-21
Updated : 4 years, 12 months ago IST
New Delhi [India], March 30 (ANI): The Centre has released Goods and Services Tax (GST) compensation of Rs 30,000 crores to states as part compensation admissible for FY 2020-21 on March 27.
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ACB nabs two government officials for accepting bribe in Ahmedabad
Updated : 5 years ago IST
Ahmedabad (Gujarat) [India], March 27 (ANI): The Anti-Corruption Bureau (ACU) has arrested two government officials for allegedly demanding and accepting bribe worth Rs 1.5 lakh in Gujarat.
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Fake GST invoices racket busted in Pune by CGST Commissionerate
Updated : 5 years ago IST
Pune (Maharashtra) [India], March 18 (ANI): The Commissionerate of Central Goods and Services Tax (CGST), Pune II, has arrested a managing director (MD) of a private company in connection with an alleged racket of issuing fake GST invoices without receipt or supply of services.
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How ledger-based cloud accounting software will save time for business own
Updated : 5 years ago IST
Indore (Madhya Pradesh) [India], March 18 (ANI/BusinessWire India): Ledger is the basis of accounting. But, what does it mean by a ledger-based accounting software? How will it revolutionize accounting? Is there anything more than that? Know all about this and the changes that accounting for
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