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Odisha registers 17% growth in gross GST collection in Aug

Odisha registers 17% growth in gross GST collection in Aug

🕔07:15, 3.Sep 2022

Bhubaneswar, Sep 3 (IANS) The gross GST collection in Odisha has recorded 17.11 per cent growth in August 2022 against the collection made during August last year, officials said here on Friday. According to the data shared by the office of

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GST collection rises 28% in August: Here’s what experts say

GST collection rises 28% in August: Here’s what experts say

🕔17:46, 1.Sep 2022

Mumbai, Sep 1 (IANS) Goods and Services Tax (GST) collection in August rose 28 per cent to Rs 1.43 lakh crore, with monthly GST revenue remaining more than Rs 1.4 lakh crore for six months in a row, the Finance Ministry

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GST collections stood at Rs 1,43,612 cr in Aug

GST collections stood at Rs 1,43,612 cr in Aug

🕔14:43, 1.Sep 2022

New Delhi, Sep 1 (IANS) The gross GST revenue collections in August witnessed a 28 per cent jump year-on-year basis, as they stood at Rs 1,43,612 crore during the month. According to figures released by Finance Ministry on Thursday, GST collections

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GST on rent for business entities, govt clarifies not for private use

GST on rent for business entities, govt clarifies not for private use

🕔18:04, 12.Aug 2022

The Centre on Friday issued a clarification regarding GST on house rent, noting renting of a residential unit is taxable only when it is given to a business entity. New Delhi, Aug 12 The Centre on Friday issued a clarification

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GST collection in July second highest ever

GST collection in July second highest ever

🕔18:27, 1.Aug 2022

New Delhi, Aug 1 (IANS) GST collection in July stood at Rs 1,48,995 crore, second highest since introduction of GST. The collection for July is 28 per cent higher than the GST revenues recorded in the same month last year of

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GoM on online gaming likely to recommend 28% GST

GoM on online gaming likely to recommend 28% GST

🕔06:35, 26.Jul 2022

New Delhi, July 26 (IANS) Meghalaya Chief Minister Conrad Sangma-headed GoM on online gaming, after deliberating on the issue for two days is likely to recommend 28 per cent GST on gross revenue from casinos and online gaming companies, sources said

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Nepal extends ban on import of 10 types of goods to save forex

Nepal extends ban on import of 10 types of goods to save forex

🕔21:53, 17.Jul 2022

Kathmandu, July 17 (IANS) The Nepali government is extending a complete ban on the import of 10 types of products till the end of August, as the country still struggles against a dwindling foreign exchange reserve. As per the notice published

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GoM on GST Appellate Tribunal set up

GoM on GST Appellate Tribunal set up

🕔05:40, 12.Jul 2022

New Delhi, July 12 (IANS) The Goods and Services Tax (GST) Council has set up a six-member group of ministers (GoM) to recommend necessary amendments required in the GST laws and other legal changes for setting up the GST Appellate Tribunal

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Odisha’s state GST collection up 45% in June

Odisha’s state GST collection up 45% in June

🕔06:52, 7.Jul 2022

With the collection of Rs 1,247.63 crore GST (state GST), Odisha has recorded a growth of 45.27 per cent in the tax collection in the month of June as compared to the June last year. The state had collected GST

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Curd, lassi, cheque books, ink among things to turn costlier

Curd, lassi, cheque books, ink among things to turn costlier

🕔12:12, 30.Jun 2022

Come July 18, 18 per cent Goods and Services Tax (GST) will be applicable on bank cheque book/loose leaf cheques and 12 per cent on maps, atlas, and globes. Chandigarh, June 29 (IANS) Come July 18, 18 per cent Goods and

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TN to host GST Council meeting in August: Sitharaman

TN to host GST Council meeting in August: Sitharaman

🕔18:07, 29.Jun 2022

The next Goods and Services Tax (GST) Council meeting will be held in Tamil Nadu’s Madurai in August, Union Finance Minister Nirmala Sitharaman said on Wednesday. Chandigarh, June 29 (IANS) The next Goods and Services Tax (GST) Council meeting will be

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GST collections for May at Rs 1.4 lakh cr, up 44% YoY

GST collections for May at Rs 1.4 lakh cr, up 44% YoY

🕔15:11, 1.Jun 2022

The gross revenue from Goods and Service Tax (GST) in the month of May came in at Rs 140,885 crore, data showed on Wednesday. New Delhi, June 1 (IANS) The gross revenue from Goods and Service Tax (GST) in the month

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Centre clears entire GST compensation payable to states till date

Centre clears entire GST compensation payable to states till date

🕔19:16, 31.May 2022

The Centre has cleared the entire amount of Goods and Service Tax (GST) compensation payable to states up to May 31, by releasing an amount of Rs 86,912 crore, an official statement said on Tuesday. New Delhi, May 31 (IANS) The

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GST collection touches all-time high in April at Rs 1.68 lakh cr

GST collection touches all-time high in April at Rs 1.68 lakh cr

🕔19:33, 1.May 2022

New Delhi, May 1 (IANS) The monthly collection under the Goods and Services Tax (GST) has touched a record high of Rs 1.68 lakh crore in April 2022, data showed. The gross GST collection has crossed the Rs 1.5 lakh crore-mark

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Net direct tax collection reaches highest-ever figure in FY 22

Net direct tax collection reaches highest-ever figure in FY 22

🕔21:44, 26.Apr 2022

The net direct tax collections (income tax and corporate tax) reached an all time high of Rs 14.09 lakh crore in financial year 2021-22 against Rs 9.45 lakh crore collections in FY 2020-21, CBDT Chairman J.B. Mohapatra said on Tuesday.

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FY22 tax collection exceeds budgetary estimate, rises to over Rs 27 lakh cr

FY22 tax collection exceeds budgetary estimate, rises to over Rs 27 lakh cr

🕔07:25, 9.Apr 2022

Accelerated economic recovery along with enhanced compliance pushed India’s FY22 tax collection to Rs 27.07 lakh crore, almost Rs 5 lakh crore above the Union budget’s estimate of Rs 22.17 lakh crore. New Delhi, April 9 (IANS) Accelerated economic recovery along

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GST Council did not recommend reducing GST on health insurance: FM

GST Council did not recommend reducing GST on health insurance: FM

🕔16:35, 5.Apr 2022

New Delhi, April 4 (IANS) The GST Council has not recommended reduction of the 18 per cent GST rate on health insurance schemes, Finance Minister Nirmala Sitharaman told the Parliament on Monday. At present, GST on health insurance services is levied

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Odisha registers 49% growth in gross GST collection in 2021-22

Odisha registers 49% growth in gross GST collection in 2021-22

🕔07:24, 4.Apr 2022

The gross GST collection in Odisha has recorded a 49 per cent growth during the financial year 2021-22 against the collection made during the previous financial year (2020-21), officials said here on Saturday. Bhubaneswar, April 4 (IANS) The gross GST collection

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March GST collection at record high of over Rs 1.42 lakh crore

March GST collection at record high of over Rs 1.42 lakh crore

🕔08:29, 2.Apr 2022

New Delhi, April 2 (IANS) India’s GST collection touched a record high in March 2022 at Rs 1,42,095 crore, official data showed on Friday. The previous record high stood at Rs 1,40,986 crore collected in January 2022. On a year-on-year basis,

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Don’t politicise GST council, says FM Sitharaman

Don’t politicise GST council, says FM Sitharaman

🕔16:00, 15.Mar 2022

Union Finance Minister Nirmala Sitharaman on Tuesday said that the GST Council should not be politicised as it is a body in which every finance minister from every state sits in and decides on how the disbursements happen. New Delhi,

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