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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
4 mins read
India is betting on casinos, online games and horse races to fill its coffers
$DELTACORP.NSE Technical : Fibonacci Analysis.Analysis : After good amount of downfall, Stock is on…
2 mins read
Realty sector seeks sops in upcoming Union budget
The Budget for financial year 2021-22 will be presented on February 1. In recent months, the…
PTI
4 mins read
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
1 min read
Interest on delayed GST payment will now be calculated on net tax liability
Amid worry in the industry regarding CBIC's recent directive to field formations to begin recovery…
PTI
1 min read
Interest on PPF, savings bank deposit to be included for calculating GST registration threshold: AAR
The AAR, while ruling that interest income would be included for calculating registration threshol…
PTI
3 mins read
India's GST revenue falls below ₹1 lakh crore for the first time this year
Though the GST revenues during June 2021 are lower than the over Rs 1 lakh crore collections rec…
2 mins read
8th weekly instalment of ₹6,000 crore released to states meet the GST compensation shortfall
Ministry of Finance has released the 8th weekly instalment of ₹6,000 crore to the states to meet th…
2 mins read
GST council and states fail to reach consensus on compensation cess — 'No dispute, we may have differences,' says Sitharaman
“There is no dispute, we may have differences,” said Sitharaman. According to her, most of the s…
2 mins read
GST Council gives two options to bridge compensation shortfall — states ask for seven working days to make up their mind
The Finance Ministry estimates the shortfall in cess collection this year will be around ₹2,35…
3 mins read
Petrol and diesel prices may not ease anytime soon as Nirmala Sitharaman rules out a cut in excise duty
Petrol and diesel as well as cooking gas and kerosene were sold at subsidised rates during the …
PTI
2 mins read
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…
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…
2 mins read
GST revenue collection for July rises by 33% with ₹1,16,393 crore
The gross GST revenue collected in the month of July 2021 was ₹1,16,393 crore.
1 min read
Punjab GST to be amended in line with Central GST Act
Chandigarh, Dec 2 () The Punjab Goods and Services Tax (Amendment) Act, 2017 will be suitably amend…
PTI
3 mins read
Government's new GST compensation formula may raise unconditional borrowing limit by 0.5%
Government sources said that the unconditional borrowing limit for states could be raised by ano…
3 mins read
Foreign crypto exchanges in India may have to pay 18% GST as the government mulls over taxation
The 18% slab is meant for capital goods and industrial intermediaries, among other times, while …
2 mins read
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…
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
2 mins read
India's GST revenue collection reaches new high of over ₹1.23 crore in March
India's gross GST revenue collection reached a new record high of over ₹1.23 lakh crore in March 20…