GST Collections Up 12% To Rs 1.49 Lakh Crore In February
The revenues for February 2023 are 12 per cent higher than the GST revenues in February 2022.New Delhi: Goods and Services Tax (GST) collections rose 12 per cent to more…
Petroleum Products Can Be Brought Under GST Once States Agree: Nirmala Sitharaman
“The provision is already available for petroleum products to be brought into GST”: Nirmala SitharamanNew Delhi: Petroleum products can be part of GST and what is needed is the nod…
Monthly GST Revenue Of Rs 1.50 Lakh Crore To Be New Normal: Indirect Taxes Board
Vivek Johri said CBIC has drawn up a strategy to augment GST mop-up by way of stricter audit. (File)New Delhi: Monthly GST collection is expected to average around Rs 1.50…
GST Collection At Rs 1.55 Lakh Crore In January, Second Highest-Ever
This is for the third time, in the current financial year, GST collection has crossed Rs 1.50 lakh croreNew Delhi: The GST collection in January surged to over Rs 1.55…
GST Revenues Grow 15% To Rs 1.49 Lakh Crore In December
The revenues for December 2022 are 15% higher than the evenues in same month last year.New Delhi: GST revenues rose by 15 per cent in December 2022 to over Rs…
GST Not Payable On House Rented To Proprietor For Residential Use
The Central Board of Indirect Taxes and Customs (CBIC) also notified amendments in GST ratesNew Delhi: From January 1, GST would not be payable on housing units rented to the…
Tax Body Asks Officers To Recover Only Reduced Tax Dues In Insolvency Cases
KPMG Tax Partner Abhishek Jain said the IBC law in India overrides any other law in India. (File)New Delhi: The CBIC (Central Board of Indirect Taxes and Customs) has asked…
Shift Away From Gross Revenue Tax May Affect $20 Billion Gaming Industry: Report
India has over 950 gaming companies and more than 500 online skill gaming startups.(File)New Delhi: Most countries with a thriving online gaming industry levy tax on ‘Gross Gaming Revenue (GGR)…
Representatives Have Sought GST (Tax) Cuts On Knives, Spoons: Minister
The Minister said so far, there is no such recommendation by the GST council.(File)New Delhi: Minister of State for Finance Pankaj Chaudhary informed the House on Monday that representations have…
ED Investigates Gaming Companies’ GST Evasion Worth Rs. 23,000 Crore
Tax officers are investigating GST evasion of about Rs 23,000 crore by gaming companies between April 2019 and November 2022, Minister of State for Finance Pankaj Chaudhary said on Monday.In…