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2 mins read
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
ANI
2 mins read
Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today
Union finance minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, …
ANI
2 mins read
Blackstone to invest $2 bn every year in India; wants quicker M&A clearances
Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…
PTI
1 min read
GST collections in February rise 12.5% to cross ₹1.68 lakh crore
Gross Goods and Services Tax (GST) revenue collections for February rose by a robust 12.5 per cent …
1 min read
Bill to amend Central Goods and Services Tax Act introduced in Lok Sabha
A bill to align provisions of the Central Goods and Services Tax Act with the Tribunal Reforms Act …
ANI
1 min read
Centre seeks to amend GST Act to levy 28% tax on online gaming, casinos
The central government on Friday will seek the introduction and passage of the Central Goods and Se…
1 min read
GST revenues grew 11% to about ₹1.6 lakh crore in August: Revenue secretary
The GST revenues for August 2023 have shown a growth of 11 per cent year on year due to increased …
PTI
1 min read
GST collection rises 12% to ₹1.57 lakh crore in May
The gross Good & Services Tax (GST) revenue collected in the month of May, 2023 is Rs 1,57,090 cror…
PTI
2 mins read
Businesses with turnover of over Rs 5 crore to generate e-invoice from August 1
New Delhi, May 11 (PTI) Businesses with turnover of over Rs 5 crore will have to generate electroni…
PTI
1 min read
GST collections slide month-on-month to ₹1.49 lakh crore in February
Goods and Services Tax (GST) collections in February, 2023 stood at Rs 1,49,577 crore, lower than R…
1 min read
PLI, tax exemptions and financial support from government: Budget wishlist of space sector
According to ISpA's Director General, Lt. Gen. AK Bhatt (Retd.), the suggestions/wishlist were r…
1 min read
GST revenues rose by 11% to ₹1.46 lakh crore in November: Finance Ministry
"The revenues for the month of November 2022 are 11 per cent higher than the GST revenues in t…
PTI
1 min read
Govt extends deadline for filing September GST return till Oct 21
The government has extended the deadline for filing GST returns for the month of September by a day…
PTI
4 mins read
Nirmala Sitharaman says India's fundamentals are perfect; no recession, stagflation risk
India does not face any risk of either recession or stagflation as its macroeconomic fundamentals a…
PTI
2 mins read
As curd, paneer and wheat flour turn 5% costlier, retailers worried about 'old stock'
With curd, paneer, unbranded pre-packaged food items like wheat flour and others coming under the G…
5 mins read
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
PTI
1 min read
GST collections up by 44% at ₹1.4 lakh crore in May
This is the fourth time the monthly GST collection crossed Rs 1.40 lakh crore mark since inception …
2 mins read
India is working on crypto classification under GST law
The government is working on classification of cryptocurrency as goods or services under the GST la…
PTI
4 mins read
OPINION: GST Input Tax Credit changes from January 1 – Things to ask your vendor, how to protect your ITC and more
With the upcoming change, ITC on an invoice/debit note can be availed by a recipient only when d…
3 mins read
Cloud kitchens are restaurants, ice cream is not food and other important clarifications that will affect GST rates
One of the reasons behind this is the ever-evolving business landscape – for instance, while clo…