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GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow
The Council is likely to be apprised about the ongoing drive against fake registration, the success…
PTI
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…
Indian government collected ₹1.30 lakh crore in GST
The revenue for October is also the second highest ever since introduction of GST, second only…
Zomato stock down after Rs 400 cr show-cause notice for GST dues
Zomato shares were trading more than 4 per cent down on Thursday morning after it received Rs 400 c…
GST revenues rose by 11% to ₹1.46 lakh crore in November: Finance Ministry
"The revenues for the month of November 2022 are 11 per cent higher than the GST revenues in t…
PTI
States not choosing GST compensation options by October will have wait another two years
The sources said that such states will have to wait till June 2022 to get compensation dues, sub…
RBI may hike benchmark lending rates by 25 bps in April: DBS
The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…
PTI
Centre releases ₹17,000 cr as GST compensation to States/UTs
Goods and Services Tax was introduced in the country with effect from July 1, 2017 and states were …
ANI
November GST collection stands at ₹1.04 lakh crore
This is the second straight month in the current fiscal when GST revenue has topped ₹1 lakh cror…
PTI
Eco Advisory Council of Fin Comm discusses GST stabilisation, tax collection issues
New Delhi, Dec 16 () Economic Advisory Council of the Fifteenth Finance Commission on Monday discus…
PTI
Central GST collection at Rs 3.26 lakh cr in FY'20: Thakur
The expected central taxes revenue for 2019-20 will be re-assessed and presented as revised estima…
PTI
GST compensation deadlock continues — government to release ₹20,000 crore cess tonight and offers relief for small companies
The 42nd meeting of the GST Council led by Finance Minister Nirmala Sitharaman stretched over seven…
GST Council likely to approve two-year extension of compensation cess levy
As the Council is likely to adopt the compensation formula suggested by t he Centre in the dif…
GST Council meet on Thursday to figure out how states will be compensated for delays in payment
"The Council will meet tomorrow with a single-point agenda to discuss the compensation cess. A…
Par panel asks govt to prevent misuse of input tax credit under GST as collection slows
New Delhi, Dec 10 () A Parliamentary panel on finance on Tuesday observed that the Goods and Servic…
PTI
To collect taxes, e-commerce firms now have to register in every state in India
E-commerce might be one of the most hotly-contested and burgeoning sectors in India right now, bu…
Indian government may not meet its fiscal deficit target because of lower tax collections: India Ratings
This will be the third consecutive year when India’s fiscal deficit will be 3.5% of GDP, noted…
Impact of GST will take time to show results: Debroy
New Delhi, Dec 16 () The impact of GST on growth will take time and results will not be visible ove…
PTI
Opposition-ruled states meet FM over delay in GST compensation
New Delhi, Dec 4 () Finance ministers and representatives of opposition-ruled states on Wednesday m…
PTI
India’s biggest tax reform hits ₹1 trillion in October, expects collections to rise with the festive season rolling in
While the success of the tax is often debated, October’s collections are a 6.6% higher tha…