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Glee.S.T! January 2021 GST collection may have beat the December record

More than ₹1.2 lakh crore may have been collected in January, compared to ₹1.15 lakh crore in Decem…

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Nirmala Sitharaman says India's fundamentals are perfect; no recession, stagflation risk

India does not face any risk of either recession or stagflation as its macroeconomic fundamentals a…

PTI   


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PM asks India Inc to step up investment

In this backdrop, he said, "I would also call upon the private sector of the country to increa…

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NITI Aayog member thinks that India should have only two GST slabs

Government think-tank Niti Aayog member Ramesh Chand on Wednesday made a case for only two slabs un…

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GST collections at Rs 1.05 lakh cr in Feb

"The gross GST revenue collected in the month of February, 2020 is Rs 1,05,366 crore of which CGST…

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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…

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No proposal to raise excise duty on cigarettes, 'bidis' and smokeless tobacco, says Centre

"The GST rates on goods are fixed on the basis of GST Council recommendations. At present, the…

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4 mins read

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…

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1 min read

Govt raises concern over fake invoicing in B2B trade impacting GST collections

New Delhi, Nov 22 () The government on Friday raised concerns over fake invoices being generated in…

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40th GST Council meeting highlights – zero late fee for those who have nil tax liability, says FM Nirmala Sitharaman

Further, Sitharaman said that taxpayers who file their pending returns till July 6, 2020…

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3 mins read

GST exemption on domestic supplies, commercial imports of COVID drugs to make them costlier, says Finance Minister Nirmala Sitharaman

From the GST collected on vaccine, half is earned by the Centre and the other half by the St…

PTI   


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GST collection in June at Rs 90,917 cr, Q1 mop up dips 59 pc due to COVID-19 lockdown

"The revenues during the financial year has been impacted due to COVID-19, firstly due to the econ…

PTI   


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India crosses the trillion mark in tax collection in April, the first time since GST was implemented

GST revenue buoyancy is expected to improve during the upcoming months after the electronic …

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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…

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GST Council meet: Most states were opposed to change in slabs, hike in GST

New Delhi, Dec 18 () Most of the states opposed change in slabs or hike in GST during the crucial G…

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India's GST revenue collection for August slows to Rs 90,669 crore

Of the total revenue collected for August, Rs 21,067 crore came from SGST, Rs 14,402 came from CGST…

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Petrol and diesel should come under GST, says industry body Assocham

Petroleum products should be brought under the Goods & Services Tax (GST) ambit, according to i…

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With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars

Currently, the automobile sector attracts 28% GST along with personal-use aircrafts, lotteries…

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What you need to know about the GST registration process

Brought into effect by the biggest ever tax reform in India, GST has highly eased how businesses a…

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3 mins read

GST intelligence officers arrest SOM Distilleries promoters in alleged tax evasion case

From the documents retrieved during search and information collected, it was also gathered that sa…

PTI