GST collections up by 8 percent in February
Mar 02, 2020, at 07:44 am
New Delhi/IBNS: The Indian government on Sunday said it collected Rs. 1.05 lakh crore as GST revenue in February this year, official data released showed.
K'taka GST revenue was growing at 9 pc: GST Commissionerate, Mysuru
Feb 12, 2020, at 07:46 pm
Mysuru/UNI: The State GST revenue was growing at 9 per cent, while the growth was due to more tax compliance by the industry and any slow down in revenue collection and growth were mainly due to the growing parallel economy, said Sanjay Pant, IRS, Principal Commissioner, GST Commissionerate, Mysuru.
GST collection touches Rs. 1,10,828 crore in January
Feb 01, 2020, at 03:20 pm
New Delhi/IBNS: The gross Goods and Services Tax (GST) collection for the month of January touched Rs. 1,10,828 crore, officials said on Saturday.
December GST revenue croses Rs 1-lakh crore mark
Jan 01, 2020, at 04:33 pm
New York/IBNS: The gross GST (Goods and Services Tax) revenue collection for December 2019 crossed the Rs. 1-lakh crore mark, official government data released on Wednesday revealed.
What the 37th GST council means for online lotteries in India
Dec 24, 2019, at 06:11 pm
At the 37 GST council that is taking place in Goa, the single tax rate for lottery tickets is being discussed. While tax on lottery tickets has been a state matter until now, the government is calling for a nation-wide rate.
E-Invoice to be launched from January next year : GSTN CEO Prakash Kumar
Dec 13, 2019, at 06:05 pm
Hyderabad/UNI: Goods and Services Tax Network (GSTN) CEO, Prakash Kumar on Thursday informed that the e-invoice which is user friendly, would be launched from January next year.
GST collection touches Rs 95,380 crore in October
Nov 01, 2019, at 05:09 pm
New Delhi/IBNS: The goods and service tax (GST) collection for the month of October stood at Rs. 95,380 crore, official data released on Friday said.
Will further simplify GST to improve India's ranking in Ease of Doing Business: Nirmala Sitharaman
Oct 24, 2019, at 06:21 pm
New Delhi/UNI: Buoyed by India's jump of 14 places and reaching at the 63rd place on the World Bank's ease of doing business ranking, Union Finance Minister Nirmala Sitharaman on Thursday said the government will further simplify Goods and Services Tax, and expressed hope that it will help in further improving India's ranking.
Demonetisation, GST encourage digitisation: FM Nirmala Sitharaman
Oct 05, 2019, at 06:21 pm
Dharwad, Oct 5 (UNI): Union Finance Minister Nirmala Sitharaman on Saturday said demonetisation and GST encouraged digitisation which will alternately drive the country towards open and transparent economic system.
GST revenue collection for September falls 19-Month low
Oct 01, 2019, at 11:02 pm
New Delhi, Oct 1 (IBNS): The national Goods and Services Tax (GST) recorded the lowest revenue collection in 19 months since it was introduced in July 2017, government data released on Tuesday stated.
GST revenue stands at Rs 91,916 cr in Sept 2019
Oct 01, 2019, at 05:28 pm
New Delhi, Oct 1 (UNI) The Goods and Services Tax (GST) collections dropped again in September this year and stood at Rs 91,916 crore, the Government data released on Tuesday revealed.
GST Council slashes tax on hotel tariffs; caffeinated drinks to be dearer
Sep 21, 2019, at 03:34 pm
Panaji: After declaring major tax cuts for the corporate sector on Friday, Union Finance Minister Nirmala Sitharaman announced reduction of GST rates on a slew of items.
Indian government moots for improving measures for better GST collections
Aug 11, 2019, at 07:05 pm
New Delhi, Aug 11 (UNI) In order to push growth, the government is mooting the idea of improving measures for better 'GST collections' to make revenue collection free from hurdles.
GST rate on all electric vehicles reduced from 12% to 5%
Jul 27, 2019, at 03:34 pm
New Delhi July 27 (IBNS) :Thirty sixth GST Council Meeting was held here in New Delhi Via Video Conferencing where GST rate on all electric vehicles be reduced from 12% to 5%.
No IGST on goods taken out of India for exhibition or consignment: Govt
Jul 22, 2019, at 06:55 pm
New Delhi, Jul 22 (UNI) No IGST would be levied on goods that are taken out of India on consignment basis for exhibition or other export promotion events, the Government clarified on Monday.
Jul 05, 2019, at 04:40 pm
New Delhi, July 5 (IBNS): Further simplification of the GST processes, increasing Special Additional Excise duty and Road and Infrastructure Cess on petrol and diesel by one rupee each, hike in Customs Duty on Gold and precious metals to 12.5% and imposing nominal basic excise duty on tobacco products and crude are among the salient proposals pertaining to the Indirect Taxes in the Union Budget 2019-20.
Govt to further simplify GST process, says finance minister Sitharaman
Jul 01, 2019, at 07:45 pm
New Delhi, July 1 (UNI): Union finance minister Nirmala Sitharaman said on Monday the government is committed to further simplifying the Goods and Services Tax filing process.
GST one of smoothest transformation in India: Arun Jaitley
Jul 01, 2019, at 05:08 pm
New Delhi, Jul 1 (UNI) Calling the goods and services tax (GST) “consumer and assessee friendly”, former Union Minister Arun Jaitley on Monday said the taxation process was one of the smoothest transformation in India and settled down within few week of its implementation.
New GST Return form to be applicable from January next year
Jun 11, 2019, at 05:32 pm
New Delhi, Jun 11 (UNI) The government announced on Tuesday that a new GST return system will be introduced to facilitate taxpayers and from January 2020 onwards, all taxpayers will be filing Form GST RET-01.
No alteration in deadline of filing annual GST return
Jun 04, 2019, at 05:03 pm
New Delhi, Jun 4 (UNI) The Government on Tuesday cleared the air that there would be no change in the last date for filing of annual return of the GST for FY 2017-18.
GST collection in April touches Rs 1.13 lakh crore
May 01, 2019, at 04:03 pm
New Delhi, May 1 (IBNS): The Indian government on Wednesday said the Goods and Services Tax (GST) collection for the month of April stood at an all-time high figure of over Rs 1.13 lakh crore.
GST collections for March touches Rs. 1.06 lakh crore
Apr 01, 2019, at 03:45 pm
New Delhi, Apr 1 (IBNS): Revenue collection from Goods and Services Tax (GST) touched Rs. 1.06 crores in the month of March, officials said on Monday.
Total GST Revenue collection of Rs 97,247 cr in Feb
Mar 02, 2019, at 10:38 am
New Delhi, Mar 1 (UNI)Total gross GST revenue collected in February this year was Rs 97,247 crore including CGST of Rs 17,626 crore, SGST Rs 24,192crore, IGST Rs 46,953 crore (including Rs 21,384 crore collected on imports) and Cess is Rs 8,476 crore (including Rs 910 crore collected on imports).
Mar 01, 2019, at 07:57 pm
New Delhi, Mar 1 (IBNS): On the occasion of 43rd Foundation Day of the Indian Civil Accounts Service (ICAS), the Controller General of Accounts (CGA) and his team of senior officers along with the Expenditure Secretary, G.C. Murmu called on the Union Minister of Finance and Corporate Affairs, Arun Jaitley in his office here on Friday and briefed him on two recent achievements: Refunds of GST, and Operationalisation of PM-KISAN Scheme.
GST collection drops to Rs.97,247 crore in February
Mar 01, 2019, at 07:56 pm
New Delhi, Mar 1 (IBNS): GST collection for the month of February dropped to touch Rs. 97,247 crore, officials said on Friday.
GST Council approves 5 percent rate for under-construction properties
Feb 24, 2019, at 06:22 pm
New Delhi, Feb 24 (UNI/IBNS) In what is seen as an attempt to give relief to middle class and as well a timely boost to the real estate sector, the Goods and Services Tax (GST) Council, headed by Finance Minister Arun Jaitley, on Sunday announced that the GST payable for under construction properties will be five per cent for normal housing.
GST revenue collected in January stands at Rs. 1,02,503 crore, shows reversal in declining trend
Feb 02, 2019, at 03:41 pm
New Delhi, Fb 2 (IBNS): Reversing the declining trend of two months, the revenue collected under the Goods and Services Tax (GST) showed significant improvement as the figure stood at Rs. 1,02,503 crore in January, official data released on Saturday said.
One Lakh villages to go digital over next five years: Govt
Feb 01, 2019, at 05:15 pm
New Delhi, Feb 1 (IBNS): India having emerged as the world leader in the consumption of mobile data, the Government on Friday said it is now aiming to widen its impact by reaching out to the interior and rural areas.
Feb 01, 2019, at 05:01 pm
New Delhi, Feb 1 (IBNS): The anti-black money measures taken by the Government during the last four and half years in the form of Black Money Law, the Fugitive Criminal Offenders Act, and Demonetisation, have brought undisclosed income of about Rs 1,30,000 crore to tax, said Finance Minister Piyush Goyal.
Feb 01, 2019, at 04:52 pm
New Delhi, Feb 1 (IBNS): The Indian government on Friday said it has undertaken rationalization of customs duties and procedures to promote the “Make in India” initiative.