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.
Govt working on categorisation of cryptocurrency under GST law: Report
The cryptocurrency may soon be categorised as goods or services under the GST law as the government is working on it to levie tax on the entire value of transactions, media reports said.
India collects Rs 1,33,026 crore gross GST revenue in February
New Delhi: The Indian government's goods and service tax revenue collection for the month of January stood at Rs 1,33,026 crore, as per data released by the Ministry of Finance on Tuesday.
Startups seek 'booster dose' in form of tax incentives from Union Budget
Mumbai/UNI: Amid the uncertainties of the Covid-19 pandemic, Indian startups are pinning hopes on the Union Budget, to be tabled on Feb 1, for a booster dose in the form of tax incentives, reduction in GST and relaxing regulatory restrictions, among others.
GST collection crosses Rs 1.30 lakh cr mark for 4th time since its roll-out: Finance Ministry
The GST (Goods and Services Tax) collection for the month of January stands at Rs 1,38,394 crore, as per data released by the government on Monday.