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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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GST collections slide month-on-month to ₹1.49 lakh crore in February

Goods and Services Tax (GST) collections in February, 2023 stood at Rs 1,49,577 crore, lower than R…

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GST collection hits an all-time high at ₹1.42 lakh crore in March

The gross GST revenue collected in March 2022 is ₹1,42,095 crore, of which CGST is ₹25,830 crore, S…

PTI   


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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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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…

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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…

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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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Lower rates alone will not stop GST evasion — simpler rules will

However, 20 months after it was introduced in July 2017, it has failed on both counts. Let’s tak…

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GST collection crosses Rs 1.1 lakh cr in Jan

New Delhi, Jan 31 () Goods and Services Tax (GST) collection crossed Rs 1.1 lakh crore mark in Janu…

PTI   


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A poorly worded GST message freaked people out yesterday – but there’s nothing to worry about

The messages sent out yesterday read something like this: This caused widespread confusion …

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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…

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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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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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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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Govt nets Rs 1.1 lakh cr from GST in Jan

New Delhi, Feb 1 () Goods and services tax (GST) collection has crossed the Rs 1 lakh crore-mark fo…

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Rs 81,043 cr GST compensation released to states for Apr-Sep: Thakur

For 2018-19 fiscal, the net collection of GST compensation cess stood at Rs 95,081 crore as against…

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GST officers to take steps to check export valuation, devise SOP for verification of risky taxpayers

During the meeting, states like Rajasthan, West Bengal, Odisha, Gujarat and Punjab made presentati…

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India's retail investors bought stocks worth $12 billion between January-September in 2020

Retail investors in India directly bought stocks to the tune of $ 12 billion over January-September…

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Revenue secy to hold meeting with officials on GST system streamlining, plugging leakages on Jan 7

New Delhi, Jan 2 () Revenue Secretary Ajay Bhushan Pandey will hold a day-long meeting on January 7…

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GST compensation fund likely to fall short by Rs 25,000 cr in current fiscal: Icra

Based on the trends in the cess collected and the amount of GST compensation released to the state…

PTI