June GST collection jumps 56 pc YoY to Rs 1,44,616 cr

New Delhi: India's GST collection in June jumped 56 percent on an annual basis to Rs 1.45 lakh crore compared to Rs 1.4 lakh crore in May, Finance Minister Nirmala Sitharaman said Friday.

Union Finance Ministry says Rs. 7.19 lakh crore collected under GST between Aug 2017 and Mar 2018

New Delhi, Apr 27 (IBNS): The Union Ministry of Finance, on Friday, published details about the Goods and Services Tax (GST) revenue collections for the Financial Year 2017-18, which revealed that total revenue of Rs. 7.19 lakh crore has been collected under GST between August 2017 and March 2018.

GST Council recommendations for Housing sector to promote affordable housing for masses

New Delhi, Feb 7 (IBNS): The Union Finance Ministry announced on Wednesday that in its 25th Meeting held on January 18, 2018, the Goods and Services Tax (GST) Council had made several important recommendations for the Housing Sector.

GST Council has recommended relief for RWA members, amusement park, circus, etc

New Delhi, Feb 7 (IBNS): The Union Ministry of Finance, on Wednesday, announced that the Goods and Service Tax (GST) Council has recommended several measures granting relief from GST on a number of goods and services during its meeting held on Jan 18, 2018.

Common Service Centres gear up for smooth GST roll out

New Delhi, May 29 (IBNS): A Workshop for Common Service Centres (CSC) to enable them to smoothly roll-out GST services began in New Delhi on Monday.

Lower tax incidence on entertainment services under GST

New Delhi, Mar 23 (IBNS): The Union Ministry of Finance announced on Tuesday that taxes on entertainments and amusements (covered by the erstwhile entry 62 of State List of the Constitution) have been subsumed under Goods and Services Tax (GST) except to the extent of taxes on entertainments and amusements levied by a Panchayat or a Municipality.