Goods and services tax (GST) collections are likely to remain stable in case no major obstacles come up for the economy, such as rise in Covid-19 cases and eventual restr..
Revenue from Goods and Services Tax (GST) stood at over Rs 1.04 lakh crore in November as against Rs 1.05 lakh crore collected in the previous month, the Finance Ministry..
GST collections up only 1.4% YoY in Nov’20
* Goods and Service Tax (GST) collections in Nov’20 (for the economic activities in Oct’20) stood at INR1..
Gross GST revenue collection in November stood at nearly Rs 1.05 lakh crore, an official statement said on Tuesday.
The revenues for the month of November 2020 w..
The pandemic-induced lockdown and consequent slump in economic activity will increase states' indebtedness to atleast 36 per cent this fiscal - the highest in a decad..
In an significant move to promote digital payments in Business to Customer (B2C) transactions through QR Code and GST enablement on UPI, the government has conditionally ..
The Central Board of Indirect Taxes & Customs (CBIC) proposes to carry out physical verification of the entities that have been granted a deemed GST registration sans..
The Goods and Services Tax Network (GSTN) along with tax officials have decided to persuade 25,000 taxpayers, who have defaulted to file their GSTR-3B returns by the Nove..
Another opposition-ruled state Punjab has now communicated acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation.
The states earlier h..
The National Anti-Profiteering Authority (NAA) has imposed a fine of over Rs 241.5 crore on P&G Home Products, P&G Hygiene and Healthcare and Gillette India Ltd f..
The expected improvement in GST collections will occur due to traction in economic activity during the festive month of November, said a SBI Ecowrap report on Thurs..
With the arrest of Mitesh M. Shah, who created 115 fake firms to avail and pass on fraudulent input tax credit (ITC) worth Rs 50.24 crore from Gujarat's Vadodara, the..
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