The collections from GST rose 15 per cent year-on-year to over Rs 1.49 lakh crore in December, indicating improved manufacturing output and consumption demand besides better compliance.
The net corporate tax collection was Rs 7.12 lakh crore in 2021-22 while GDP was at Rs 236.64 lakh crore at current market price. The percentage of net corporate tax to GDP is 3.01 per cent. This ratio was the highest in 2018-19, according to data of corporate tax collection for a span of fi
New Delhi [India], January 2 (ANI/SRV): Karnataka-(Bengaluru) based online cab service Bomcabs has become a one stop platform for to book taxis online. The Bengaluru-based on-demand pickup truck service, is witnessing 30 per cent month on month growth in its user base. The company has regist
Haryana Home Minister Anij Vij on Sunday took a swipe at Rahul Gandhi over his projection as the prime ministerial candidate for the 2024 Lok Sabha polls by some Opposition leaders, and said that there is no tax imposed on "dreaming".
The gross revenue from goods and services tax (GST) rose 15 percent year-on-year to Rs 149,507 crore in December 2022, according to government data released on Sunday.
Mumbai (Maharashtra) [India], December 30 (ANI/NewsVoir): The Government of India collected Rs 1.52 trillion as goods and services tax (GST) in October, reporting a 16.6 per cent year-on-year increase, driven by festive spending, better compliance, and higher tax rates. This collection is ex
The Tokyo Regional Taxation Bureau found Apple Japan's approximately 140 billion yen tax-exempt sales for two years through September 2021 were made by fraudulent duty-free purchases to be resold for commercial purposes.
The government believes any legislation for regulation or for banning can be effective only with significant international collaboration on evaluating the risks and benefits and evolution of common taxonomy and standards.
New Delhi [India], December 26 (ANI/SRV): In the august presence of Sri Lanka Buddhasasana, Religious and Cultural Affairs Minister Vidura Wickramanayake the Memorandum of Understanding (MOU) was signed by Event & Entertainment Management Association (EEMA India) and Event Management Ass
The state auto drivers' body said that its members have decided to hold a rally 'Vidhana Soudha Chalo' (Legislative House) against e-bike taxi services being launched in Bengaluru and said the service would eat out their business.