GST

GST collections in October increase by 9% to Rs 1.87 lakh croreGST collections in October increase by 9% to Rs 1.87 lakh crore

GST collections in October increase by 9% to Rs 1.87 lakh crore

Goods and Services Tax (GST) collections in October, in gross terms, were at Rs 1.87 lakh crore, with a yearly…

6 months ago
Industry leaders welcome GST Council’s decision on rate cutsIndustry leaders welcome GST Council’s decision on rate cuts

Industry leaders welcome GST Council’s decision on rate cuts

The industry leaders welcomed the GST council's decision on rate cuts and policy adjustments in various sectors. In a significant…

7 months ago
Gadkari asked states to pitch for reducing GST on flex engine vehiclesGadkari asked states to pitch for reducing GST on flex engine vehicles

Gadkari asked states to pitch for reducing GST on flex engine vehicles

Union Minister of Road Transport and Highways, Nitin Gadkari, asked states to pitch for reducing GST on flex-engine cars. Gadkari…

8 months ago
Seven years of GST saw reduced prices of daily consumablesSeven years of GST saw reduced prices of daily consumables

Seven years of GST saw reduced prices of daily consumables

Hair oil, toothpaste, soap; detergents and washing powder; wheat; rice; curd, lassi, buttermilk; wrist watches; TV upto 32 inches; refrigators;…

10 months ago
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PMSeven years of GST has lowered taxes and improved lives of 140 crore Indians: PM

Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM

Prime Minister Narendra Modi hailed the seven-year journey of Goods and Services Tax (GST). Quoting a newspaper report, PM tweeted…

10 months ago
Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later todayUnion Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today

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 on Saturday morning chaired a pre-budget meeting with Finance Ministers of all States and Union…

10 months ago
Nirmala Sitharaman-led GST Council to meet on June 22Nirmala Sitharaman-led GST Council to meet on June 22

Nirmala Sitharaman-led GST Council to meet on June 22

A meeting of the Goods and Services Tax (GST) Council headed by Union Finance Minister Nirmala Sitharaman is scheduled to…

10 months ago
GST collection clocks robust rise to cross Rs 1.6 lakh crore in JuneGST collection clocks robust rise to cross Rs 1.6 lakh crore in June

GST collection clocks robust rise to cross Rs 1.6 lakh crore in June

India's gross GST revenue collection in June crossed the Rs 1.61 lakh crore mark, registering a 12% increase over the…

2 years ago
GST officials detect Rs 1,125 crore fraud by fake firms in GurugramGST officials detect Rs 1,125 crore fraud by fake firms in Gurugram

GST officials detect Rs 1,125 crore fraud by fake firms in Gurugram

GST officials have busted a whopping Rs 1,124.66 crore racket in Gurugram involving fraudulent claims of Input Tax Credit (ITC)…

2 years ago
GST collections soar to record high of Rs 1.87 lakh crore in AprilGST collections soar to record high of Rs 1.87 lakh crore in April

GST collections soar to record high of Rs 1.87 lakh crore in April

The country’s gross GST revenue collected in the month of April, 2023 soared to a record high of 1.87 lakh…

2 years ago
Direct tax collections post robust growth in 2022-2023Direct tax collections post robust growth in 2022-2023

Direct tax collections post robust growth in 2022-2023

India’s net direct tax collections, which include personal income tax and corporate tax, rose by 18 per cent to Rs…

2 years ago
Maharashtra leads in GST collections, Karnataka at 2nd spotMaharashtra leads in GST collections, Karnataka at 2nd spot

Maharashtra leads in GST collections, Karnataka at 2nd spot

Maharashtra accounted for the largest GST revenue among states during March this year with a collection of Rs 22, 695…

2 years ago
GST revenue shoots past Rs 1.6 lakh crore in March, 2nd highest everGST revenue shoots past Rs 1.6 lakh crore in March, 2nd highest ever

GST revenue shoots past Rs 1.6 lakh crore in March, 2nd highest ever

The gross GST revenue collected in the month of March 2023 shot up to Rs 1,60,122 crore which is the…

2 years ago
Rs 17 crore GST fraud detected in Delhi, 2 arrestedRs 17 crore GST fraud detected in Delhi, 2 arrested

Rs 17 crore GST fraud detected in Delhi, 2 arrested

The Central Goods and Service Tax (CGST) Delhi South Commissionerate busted a racket in which firms were fraudulently claiming Input…

2 years ago
India’s GST collections cross Rs 1.49 lakh crore in Feb, Maharashtra tops, Karnataka 2ndIndia’s GST collections cross Rs 1.49 lakh crore in Feb, Maharashtra tops, Karnataka 2nd

India’s GST collections cross Rs 1.49 lakh crore in Feb, Maharashtra tops, Karnataka 2nd

India’s total monthly GST revenues during February this year rose to Rs 1,49,577 crore with Maharashtra contributing the highest amount…

2 years ago

India’s GST collection in December at Rs 1.49 lakh crore stands 15% higher than last year

India’s gross goods and services tax (GST) revenue in December stood at Rs 1,49,507 crore, of which Rs 26,711 crore…

2 years ago

Top insurance companies caught in Rs 824 crore GST fraud in Mumbai

The Directorate General of Goods and Services Tax Intelligence (DGGI) has detected an alleged fraud of Rs 824 crore in…

3 years ago