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GST Collections Above Rs 2 Trillion For Second Straight Month
Gross GST collections remained above the Rs 2 trillion mark for the second month in a row, rising 16.4 per cent in May to over Rs 2.01 lakh crore.
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GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
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GST Collection Hits Rs 1.74 Lakh Crore In June, Monthly Data Release Stopped
The gross GST collection increased 8 per cent to Rs 1.74 lakh crore in June, sources said on Monday.
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GST Collection Stood At Rs 1.73 Lakh Crore In May, Says Ministry
The gross Goods and Services Tax (GST) collection for May stood at Rs 1.73 lakh crore, according to the release by the Ministry of Finance.
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GST Revenues Hit Record Rs 2.10 Lakh Crore In April. Here's What Led To It
Goods and Services Tax collections grew 12.4 per cent to a record high of Rs 2.10 lakh crore in April, aided by strong economic momentum and increased domestic transactions and imports, the finance ministry said today.
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GST Collections Hit Rs 1.78 Lakh Crore In March, Second Highest Ever
GST collections in March grew 11.5 per cent to Rs 1.78 lakh crore, buoyed by domestic transactions, the finance ministry said on Monday.
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Offshore Online Gaming Companies in India Mandated to Register Their Business
The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint a representative to pay tax on funds collected from customers. The move to tax online gaming companies has shocked the nascent $1.5 billion (nearly Rs. 12,430 crore) industry, which is backed by global investors.
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Centre Devolves Over Rs 3.09 Lakh Crore Sum To States Till July
Of the Rs 3.09 lakh crore net proceeds of shareable union taxes and duties distributed to the states, Central GST collection devolution stood at Rs 94,368 crore till July.
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Arvind Kejriwal Credits "Honest Governance" For Delhi's Rising GST Revenue
GST collections in Delhi NCT have been rising consistently over the past several years.
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Delhi's GST Collection Over Rs 34,000 Crores In 2022: State Minister
Delhi Finance Minister Kailash Gahlot on Wednesday said the collection of GST and VAT in the city was more than Rs 34,000 crores in 2022-23, and claimed Delhi will be a leading state for tax administration through the intervention of AI.
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"Great News For Economy": PM Lauds Highest-Ever GST Collection In April
Prime Minister Narendra Modi called GST revenue collection for April 2023 being highest ever at Rs 1.87 lakh crore "great news for the Indian economy."
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"Thought States Will Benefit...": Mamata Banerjee On GST Bill "Mistake"
Asserting that the Centre has been depriving West Bengal of its share of the Goods and Service Tax collected from the state, Chief Minister Mamata Banerjee on Tuesday said that the decision to support the passage of the GST Bill was wrong.
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Government Tax Panel Said to Be Unlikely to Reach Consensus on Taxing Online Gaming in December
A government panel of state finance ministers has not yet submitted its report on plans to tax the online gaming sector, according to a government official. The panel is yet to decide whether to talk the profits of these firms, or the value of the entire pool of money collected from game participants.
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Three Maharashtra Businessmen Arrested For GST Evasion, Tax Fraud Worth Rs 78 Crore
Three partners of a firm based in neighbouring Thane district were arrested on Sunday for allegedly evading Goods and Services Tax (GST) and fraudulently availing input tax credit (ITC) collectively worth Rs 78 crore, officials said.
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GST On Zomato, Swiggy, Ola, Uber From Today As Government Widens Tax Base
Food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate starting today, a move which will widen the tax base as food vendors who are currently outside the GST threshold will become liable to GST.
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GST Collections Above Rs 2 Trillion For Second Straight Month
Gross GST collections remained above the Rs 2 trillion mark for the second month in a row, rising 16.4 per cent in May to over Rs 2.01 lakh crore.
-
GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
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GST Collection Hits Rs 1.74 Lakh Crore In June, Monthly Data Release Stopped
The gross GST collection increased 8 per cent to Rs 1.74 lakh crore in June, sources said on Monday.
-
GST Collection Stood At Rs 1.73 Lakh Crore In May, Says Ministry
The gross Goods and Services Tax (GST) collection for May stood at Rs 1.73 lakh crore, according to the release by the Ministry of Finance.
-
GST Revenues Hit Record Rs 2.10 Lakh Crore In April. Here's What Led To It
Goods and Services Tax collections grew 12.4 per cent to a record high of Rs 2.10 lakh crore in April, aided by strong economic momentum and increased domestic transactions and imports, the finance ministry said today.
-
GST Collections Hit Rs 1.78 Lakh Crore In March, Second Highest Ever
GST collections in March grew 11.5 per cent to Rs 1.78 lakh crore, buoyed by domestic transactions, the finance ministry said on Monday.
-
Offshore Online Gaming Companies in India Mandated to Register Their Business
The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint a representative to pay tax on funds collected from customers. The move to tax online gaming companies has shocked the nascent $1.5 billion (nearly Rs. 12,430 crore) industry, which is backed by global investors.
-
Centre Devolves Over Rs 3.09 Lakh Crore Sum To States Till July
Of the Rs 3.09 lakh crore net proceeds of shareable union taxes and duties distributed to the states, Central GST collection devolution stood at Rs 94,368 crore till July.
-
Arvind Kejriwal Credits "Honest Governance" For Delhi's Rising GST Revenue
GST collections in Delhi NCT have been rising consistently over the past several years.
-
Delhi's GST Collection Over Rs 34,000 Crores In 2022: State Minister
Delhi Finance Minister Kailash Gahlot on Wednesday said the collection of GST and VAT in the city was more than Rs 34,000 crores in 2022-23, and claimed Delhi will be a leading state for tax administration through the intervention of AI.
-
"Great News For Economy": PM Lauds Highest-Ever GST Collection In April
Prime Minister Narendra Modi called GST revenue collection for April 2023 being highest ever at Rs 1.87 lakh crore "great news for the Indian economy."
-
"Thought States Will Benefit...": Mamata Banerjee On GST Bill "Mistake"
Asserting that the Centre has been depriving West Bengal of its share of the Goods and Service Tax collected from the state, Chief Minister Mamata Banerjee on Tuesday said that the decision to support the passage of the GST Bill was wrong.
-
Government Tax Panel Said to Be Unlikely to Reach Consensus on Taxing Online Gaming in December
A government panel of state finance ministers has not yet submitted its report on plans to tax the online gaming sector, according to a government official. The panel is yet to decide whether to talk the profits of these firms, or the value of the entire pool of money collected from game participants.
-
Three Maharashtra Businessmen Arrested For GST Evasion, Tax Fraud Worth Rs 78 Crore
Three partners of a firm based in neighbouring Thane district were arrested on Sunday for allegedly evading Goods and Services Tax (GST) and fraudulently availing input tax credit (ITC) collectively worth Rs 78 crore, officials said.
-
GST On Zomato, Swiggy, Ola, Uber From Today As Government Widens Tax Base
Food aggregators like Swiggy and Zomato will have to collect and deposit tax at 5 per cent rate starting today, a move which will widen the tax base as food vendors who are currently outside the GST threshold will become liable to GST.
