January 28, 2023 14:54 (IST)
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Hockey Men's World Cup 2023: India beat Japan 8-0 in classification match | Amid row, Kerala Congress screens controversial BBC documentary on PM Modi in Thiruvananthapuram | Republic Day Parade to showcase India’s indigenous military prowess, cultural diversity | Mulayam Singh Yadav, Zakir Hussain conferred Padma Vibhushan award | Dilip Mahalanabis, who pioneered ORS use, to be awarded Padma Vibhushan

Gross GST collection in December up 15 pc YoY

New Delhi: The gross GST collection registered an increase of 15 per cent year-on-year (YoY) to Rs 1,49,507 crore in December 2022, government data released on Sunday showed.

GST Council decides to decriminalise certain offences, no tax rate increase

New Delhi: In a significant move to facilitate trade, the GST Council chaired by Finance Minister Nirmala Sitharaman on Saturday decided to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore under GST.

Centre releases Rs. 17,000 crore of GST compensation to States/UTs

New Delhi: The Central Government released an amount of Rs. 17,000 crore to States/UTs on 24.11.2022 towards the balance GST compensation for the period April to June, 2022.

Sept GST collection rises to Rs 1.52 lakh cr

India's GST collection rose to Rs 1.52 lakh crore in Goods and Services Tax (GST) in September, the second-highest ever collection, according to the finance ministry said on November 1.

GST collection Rs 1.48 lakh cr in September

New Delhi: The Goods and Services Tax (GST) collection rose 26 per cent year-on-year in September to Rs 1,47,686 crore, indicating continued revenue buoyancy on the back of economic recovery and anti-evasion measures.

Gross Direct Tax collections for Financial Year 2022-23 register a growth of 30 pct

New Delhi: Gross Direct Tax collection moved up by 30 percent to stand at Rs. 8,36,225 till Sept 17, as per data released on Sunday.

Kotak Mahindra Bank Completes its Integration for GST Payment

Kolkata: Private sector lender Kotak Mahindra Bank Limited (KMBL) Friday announced the completion of its integration with the GST portal.

GST collection in July surges 28 percent to touch Rs 1,48,995 crore

New Delhi: The gross Goods and Services Tax (GST) collection in the month of July 2022 rose by 28 per cent year-on-year to touch Rs 1,48,995 crore.

CBIC clarifies ambiguity on GST on prepackaged goods

New Delhi: The government has issued clarifications on the imposition of 5 percent GST on pre-packaged and labelled food items such as pulses and cereals containing a quantity up to 25 kg.

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.

Pre-packed labelled food brought under GST

New Delhi: The GST Council has accepted the recommendations of a group of ministers from states on withdrawing exemptions with a view to rationalising the tax.

90 pc businesses feel GST broke barriers, made doing business easy: Deloitte Survey

New Delhi: Contrary to the opposition against the GST regime, 90 percent of Indian industry leaders feel that GST has made doing business easier as it removed barriers across the country, a Deloitte survey said on Wednesday.

Centre clears entire GST compensation due till date to states

New Delhi: The Government of India on Tuesday said it has released the entire amount of GST compensation payable to states up to 31st May, 2022 by releasing an amount of Rs.86,912 crores.

India's April GST collection touches Rs 1,67,540 crore

New Delhi: The gross GST revenue collected in the month of April is Rs 1,67,540 crore, as per data released by the Indian government on Sunday.

GST collection in March touches all-time high figure of Rs 1.42 lakh crore

New Delhi: On the back of strong rebound in economic activities and anti-evasion drive, goods and services tax (GST) collection reached all-time high to Rs 1.42 lakh crore in March, 2022.