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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)...

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

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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...

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

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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...

Indian banks’ operating environment stronger, but structural issues continue to affect:...

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The operating environment for Indian banks has improved, says Fitch Ratings According to a recent report by Fitch Ratings, the operating environment for Indian banks...

GST Council decides to impose 28 pc tax on turnover of...

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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...

High GST collection reflects India’s vibrant economic trend

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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...

Consulting & services sector urge Centre to re-look at GST collection...

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Delay in receipt of dues from clients adversely affects these organizations The consulting and services sector has urged the Centre to re-look at the Goods...

GST collections touch Rs.1.55 lakh crore in January 2023; 4 percent...

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GST collections cross the Rs.1.50 lakh cr mark for the third time in 2022-23 Goods and Services Tax (GST) collections for January 2023 stood at...

Ahead of the budget presentation, Indian Medical Association puts forward demands...

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Budget 2023: IMA says deficit funding is the most important cause behind the lack of penetration of the AB-PMJAY In its proposal to the government...

Massive GST evasion worth Rs.824 cr unearthed, ICICI Prudential among 15...

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GST Intelligence uncovers tax evasion by 15 firms insurance companies, NBFCs 15 insurance companies including ICICI Prudential as well as several non-banking financial companies (NBFCs)...

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