Search For "gst"
29,273 bogus firms involved in suspected GST ITC evasion, 121 arrested: Fi
Updated : 2 years, 2 months ago IST
A total of 29,273 bogus firms involved in suspected Input Tax Credit (ITC) evasion of Rs 44,015 crore have been detected since mid-May 2023, an official statement issued by the Finance Ministry said on Sunday.
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Urea Gold: Cabinet approves launching of Sulphur-coated fertilizer
Updated : 2 years, 2 months ago IST
The pricing strategy for "Urea Gold" mirrors that of the 45 kg bags of Neem Coated Urea, maintaining a competitive MRP (Maximum Retail Price) of Rs 266.50, inclusive of GST.
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Punjab witnesses net 16.52 pc growth in GST, 10.4 pc growth in Excise: Har
Updated : 2 years, 2 months ago IST
Punjab Finance, Planning, Excise, and Taxation Minister Advocate Harpal Singh Cheema on Wednesday said that the state has witnessed a net 16.52 percent growth rate in revenue from Goods and Services Tax (GST) and a 10.4 percent increase in revenue from Excise up to December in the current fi
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India posts robust GST growth with Rs 14.97 lakh crore collection from Apr
Updated : 2 years, 2 months ago IST
According to a press release by the Ministry of Finance, this figure marked a substantial increase from the Rs 13.40 lakh crore collected in the corresponding period of the previous fiscal year (April-December 2022).
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Rajya Sabha gives nod to Bill to ease setting up of GST tribunal; fix age
Updated : 2 years, 3 months ago IST
The Rajya Sabha on Wednesday gave its nod to a Bill to ease the setting up of GST appellate tribunals (GSTAT) by modifying the terms of appointment of members and fixing a cap of 50 years as the minimum age for member or president of the tribunal.
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Budget 2024-25: NAREDCO seeks funds for completing stressed and stalled re
Updated : 2 years, 2 months ago IST
In a letter to Union Finance Minister Nirmala Sitharaman, as part of its pre-budget recommendations by the apex real estate body, it further sought other budgetary support and relaxations, including allowing input tax credit under GST and incentives for rental housing, in order to achieve
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Tamil Nadu: Matchbox manufacturers' association stages protest, demands ba
Updated : 2 years, 3 months ago IST
Matchbox manufacturers' association in Thoothukudi district of Tamil Nadu held a protest march here on Friday, raising many issues associated with their industry, including urging the Central government to completely ban plastic lighters.
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Saankhya Labs secures Rs. 96.42 Crores provisional purchase order from NSI
Updated : 2 years, 3 months ago IST
Bengaluru (Karnataka) [India], December 8: Saankhya Labs, a subsidiary of Tejas Networks (BSE: 540595) (NSE: TEJASNET), today announced that it has received a Provisional Purchase order worth Rs. 96.42 Crores (excluding GST) from NSIL (NewSpace India Limited, a wholly owned Government of Ind
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Kerala Cabinet proposed to bring ordinance to tax online gaming, casinos,
Updated : 2 years, 3 months ago IST
The state cabinet's decision is in line with the last GST Council meeting, wherein it had decided to impose a 28 per cent tax on online gaming, casinos, and horse racing.
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Rain lashes several parts of Chennai
Updated : 2 years, 3 months ago IST
The rain came amid a well-marked low-pressure area concentrated into a depression over the southeast adjoining the Southwest Bay of Bengal on Friday.
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IMF Executive Director KV Subramanian praises India's GST revenue and robu
Updated : 2 years, 3 months ago IST
Subramanian said, "I think, going by the signs so far, in about 1.5-2 years, we can expect to touch two lakh crores rupees in a month. I think the GST collection doing well is part of the overall phenomenon of good policy that has been implemented. So overall, I think the good performance
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GST collections jump 15 pc to Rs 1,67,929 lakh cr in Nov: Finance Ministry
Updated : 2 years, 3 months ago IST
Good and Services Tax (GST) Revenue collection for November 2023 stands at Rs 1,67,929 lakh crore recording the highest growth rate of 15 per cent Year-on-Year, an official statement issued by the Ministry of Finance said on Friday.
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