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3 mins read

GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums

O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…

PTI   


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2 mins read

India economic momentum remains intact, set to achieve 6.5-7% growth, says Finmin Report

Tax collections, especially indirect taxes, which reflect transactions, are growing healthily, and …

PTI   


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1 min read

GST collection rises 10% to Rs 1.73 lakh crore in May

The gross GST collections in FY25 till May 2024 stood at Rs 3.83 lakh crore, which is a 1…

PTI   


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2 mins read

Indian economy likely to grow over 7% in 2024-25: Economic think tank NCAER

"Projected acceleration in both global growth and trade volumes, as well as a forecast of an abo…

PTI   


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2 mins read

GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore

The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in…

ANI   


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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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2 mins read

Mutual funds collects ₹63,854 cr via new fund offers in 2023

Asset management companies launched 212 new fund offerings mobilising Rs 63,854 crore in 2023, marg…

PTI   


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3 mins read

Stock markets rebound as GST revenues hit record in April

​​Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record …

PTI   


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2 mins read

Markets trade firm in early trade as GST revenues hit record in April

From the Sensex basket, Power Grid, Mahindra & Mahindra, Asian Paints, Tata Steel, Sun Phar…

PTI   


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2 mins read

Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%

The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …

ANI   


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1 min read

28% GST on face value in casinos, online gaming, horse racing will increase revenue collection: FM

Finance minister Nirmala Sitharaman on Tuesday said the 28 per cent GST on full face value of suppl…

PTI   


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1 min read

GST collection rises 12% to ₹1.57 lakh crore in May

The gross Good & Services Tax (GST) revenue collected in the month of May, 2023 is Rs 1,57,090 cror…

PTI   


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2 mins read

Recent trend of slowdown in Capex to GDP and pick up in consumption a concern: Nuvama Equities

According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio…

ANI   


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1 min read

India’s top 10 transformation moves in the last decade according to Morgan Stanley

India has been on the development road since the economy opened up in 1991. However, the last 10 ye…

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1 min read

GST collections touch ₹1,51,718 cr in Oct, second highest since April

The government collected Rs 1,51,718 crore gross GST revenue in October, which is the second highes…

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2 mins read

Sensex, Nifty finish higher on foreign fund inflows; record GST collection in April

Equity benchmarks ended higher on Tuesday mainly due to buying in index heavyweights Infosys and Re…

PTI   


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5 mins read

GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal

Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…

PTI   


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1 min read

GST collections up by 44% at ₹1.4 lakh crore in May

This is the fourth time the monthly GST collection crossed Rs 1.40 lakh crore mark since inception …

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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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4 mins read

India needs to review how it wants to extract tax from Zomato and Swiggy

India’s Finance Minister Nirmala Sitharaman on Friday announced that online food delivery platforms…