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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
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
1 min read
Indian consumers shifting towards low-sugar beverages, high GST rates stalling growth in carbonated soft drinks market
India's carbonated soft drinks segment faces challenges due to a 40% tax rate under GST, hindering …
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
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
2 mins read
Cabinet approves Rs 784.87 cr e-auctions for 730 FM radio channels across 234 new cities
The Cabinet also approved a proposal to set the Annual License Fee (ALF) for FM channels at 4 per c…
ANI
2 mins read
Note floated to seek distinction between online game of skill, game of chance for FDI
Certain quarters raise objections as they relate online gaming with gambling and betting. There are…
PTI
2 mins read
Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today
Union finance minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, …
ANI
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
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
3 mins read
Why has Bernstein called India’s EV sector 'irrelevant'?
Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.
1 min read
Oil India's Q2 net profit drops 81% on tax provisioning
State-owned Oil India Ltd's second quarter net profit dropped 81 per cent on a one-time provisionin…
PTI
1 min read
Delta Corp shares tank 25%, Nazara Tech down 4% after GST hit on online gaming
Shares of Delta Corp fell as much as 25 % on Wednesday after the imposition of 28% GST on online ga…
3 mins read
Swiggy is preparing for its IPO soon: A look at some recent changes in the company
Swiggy is expected to raise over USD 1 billion through its IPO, with plans to file its draft red he…
4 mins read
Startups in 2024: Innovation can't override a profitable bottom line
In 1999, amidst the dot-com frenzy, Warren Buffett's prophetic words at the Allen-Sunny Valley Conf…
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
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
2 mins read
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
2 mins read
India's GST collection has been above ₹1 lakh crore in 10 out of the last 12 months
Most tax experts feel that with the economy on path of recovery and GDP growth in Q1 FY22 also…
4 mins read
Can’t hit a ball? You can still play cricket in the metaverse
It’s World Cup time for cricket lovers and this means fantasy gaming is the talk of the town. It’s …