GST collections rise to Rs 95,610 crore in June: Adhia
GST revenue mop-up rose to Rs 95,610 crore in the month of June, as against Rs 94,016 crore in the previous month, Finance Secretary Hasmukh...
Tag : GST
Congress hits back at PM Modi for his remarks on Emergency; calls him a more brutal dictator than Aurangzeb
After Prime Minister Narendra Modi slammed the Congress on the anniversary of the Emergency, Congress spokesperson Randeep Singh Surjewala fired back at the BJP and said...
Government plans mega event to mark the anniversary of GST
by News Desk
The government is planning a mega event to mark the first anniversary of GST rollout on July 1 with the participation of industry chambers, traders, and tax...
GST in ‘smooth phase’, return simplification high on agenda: Adhia
by News Desk
Finance Secretary Hasmukh Adhia today said Goods and Services Tax (GST) has entered a “smooth phase” within a year of its rollout, with “pretty good”...
GST failed to deliver on promise of formalisation of economy
by News Desk
A year into implementation, goods and services tax (GST) has not delivered on the promised formalisation of the economy as yet, while the glitches in...
No pure GST on petrol, diesel; 28% tax plus VAT on anvil under GST
by News Desk
A peak tax rate of 28 per cent plus states levying some amount of local sales tax or VAT on petrol and diesel is likely...
Government is looking to boost dollar funding
by News Desk
The government is set to strengthen Exim Bank of India and Export Credit Guarantee Corporation as part of a venture to make dollar-credit available to Indian exporters and...
Higher oil, GST may boost states revenue by Rs 37,400 crore in FY19
by News Desk
States are likely to gain an additional Rs 37,426 crore in revenue in the current fiscal on the back of surge in oil prices and...
Funds collected under GST anti-profiteering rules to be split between Centre, state
by News Desk
Centre and the ‘concerned state’ will equally share the amount deposited by erring businesses in the consumer welfare fund set up as part of the GST anti-profiteering...
Deadline of Customs IGST refund extended till June 16
by News Desk
The special IGST refund fortnight being observed by the Customs Commissionerate, Ludhiana under orders of orders of Central Board of Indirect Taxes and Customs (CBIC) is turning out...