GST

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…

3 weeks ago

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…

2 months ago

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…

3 months ago

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;…

5 months ago

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…

5 months ago

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…

5 months ago

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…

5 months ago

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…

1 year ago

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)…

1 year ago

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 2022-2023

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 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 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 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 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…

2 years ago