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The Revenue dept clears the confusion about certain categories of services for GST rates and the exemptions

Revenue dept clarifies GST rates and exemptions on certain services

PGurus Newsdesk - 0
GST rates: Confusion for taxpayers than bringing in simplicity To clear the confusion created by differential tax rates and their applications, the Revenue Department has...
CAG blames three entities for failure in collections of GST

CAG blames Finance Ministry, Revenue Department and GSTN for failures in the implementation of...

Team PGurus - 5
The Comptroller and Auditor General (CAG) in its first report on the implementation of Goods and Services Tax (GST) criticsed the Revenue Department under...
Increase in GST collection in March 2024 was mainly due to a notable rise in GST collected from transactions within the country

GST collection creates new record; touches Rs.1.78 lakh crore in March

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March sees second-highest gross GST revenue of Rs.1.78 lakh crore, lifts FY 24 collections to Rs.20.2 lakh crore India’s gross Goods and Services Tax (GST)...
Higher GST collections have enabled the government to keep the fiscal deficit in check

GST collections surge 10.4 percent; touches Rs.1,72,129 cr in Jan

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Jan's GST collections make the second-highest monthly collection ever and mark the third month in this financial year The gross GST revenue collected in the...
A host of online gaming, like Dream11, and casino operator, like Delta Corp, have received GST show cause notices last month for alleged short payment of taxes

GST authorities issue Rs.1 lakh crore show cause notice to online gaming companies

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Online gaming firms face GST hurdle over tax evasion The Goods and Services Tax (GST) authorities issued show cause notices demanding as much as Rs.1...
The food preparation of millet flour containing at least 70 per cent of composition by weight, will have nil GST when sold loose without branding, said FM Sitharaman

GST Council meet: Tax on millet flour scrapped; alcohol for consumption exempted; GST on...

PGurus Newsdesk - 0
GST council cuts taxes on millet flour On Saturday, the GST Council exempted millet flour from GST. However, branded millet products will attract a GST...
Gross GST revenue for September rose 2.2 percent to Rs.1,62,712 crore from Rs.1,59,069 crore in August. It is the fourth time that the gross GST collection has crossed the Rs.1.60 lakh crore mark in 2023-24

GST collections touch Rs.1,62,712 cr in Sept; surges 2.2%

PGurus Newsdesk - 1
The fourth time gross GST collections has crossed the Rs.1.60 lakh cr mark in 2023-24 The gross GST revenue for September rose 2.2 percent to...
UP has consistent increase of Rs.1,219.39 crore in its earnings, collecting a total revenue of Rs.14,243.82 cr in August 2023, compared to Rs.13,024.44 cr collected YoY

Yogi Adityanath led UP records surge in revenue collection in major departments

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UP Excise department registers revenue increase of around Rs.300 crore The Uttar Pradesh government’s revenue collection increased by Rs.1,220 crore in August 2023 as compared...
The tax on online gaming companies would be imposed without making any differentiation based on whether the games required skill or were based on chance

GST Council decides to impose 28 pc tax on turnover of online gaming firms,...

Team PGurus - 0
Online gaming to be taxed at 28%, no GST on drugs for rare diseases The all-powerful Goods and Services Tax (GST) Council of India on Tuesday...
Of the total Rs.1.61 lakh crore collected in June, CGST was Rs.31,013 crore, SGST was Rs.38,292 crore, IGST was Rs.80,292 crore

High GST collection reflects India’s vibrant economic trend

PGurus Newsdesk - 0
Impact of higher GST collection on the Indian economy Reflecting the vibrancy of the Indian economy, the gross Goods and Services Tax (GST) revenue collected...
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