Tag Archives: GST

The Nifty IT index was the sector that gained the most, with an increase of 1.64 percent, followed by the Nifty Bank and Nifty Realty indices. Image: Reuters Stock Market News Today | Sensex, Nifty, Stock Prices LIVE: The national stock market benchmark indices BSE Sensex and Nifty 50 were …

NEW DELHI: The GST collection in February this year stood at Rs 1.13 lakh crore, according to data released by finance Minister Monday. This is the fifth month in a row of GST’s collection to exceed the 1 lakh crore rupee mark. The current cleaning is a 7 percent increase …

Bharat Bandh: Traders body CAIT has called for an all-India shutdown. New Delhi: The body of major traders, the Confederation of Traders of India (CAIT), has called for a nationwide shutdown over rising fuel prices, the goods and services tax and the new E-Way invoice, a permit associated with the …

In order to encourage the new optional income tax regime introduced in the last Budget, the government proposes to modify the list of eligible refunds and exemptions to allow some more categories of financial saving instruments for taxpayers. The emerging vision in the discussions in the run-up to the Union …

NEW DELHI: GST officers have unearthed tax evasion 832 million rupees for clandestine manufacturing and supply of gutkha / pan masala tobacco products and arrested one person, the finance Minister he said on Sunday. “GST Central Delhi’s Western Commissioner has uncovered GST evasion through clandestine manufacturing and supply of gutkha …

Central GST authorities have detected a tax evasion of more than 830 million rupees by an illegal pan-masala manufacturing unit here and arrested one person for his involvement, according to an official statement. The company was evading payment of goods and services tax (GST) by clandestinely manufacturing and supplying gutkha …

GST collections reached a record high of more than Rs 1.15 lakh crore in December, reflecting holiday demand and the revival of the economy. GST gross revenue collected in the month of December 2020 is Rs 1,15,174 crore and is the highest since the introduction of the goods and services …

Written by Aanchal magazine, edited by Explained Desk | New Delhi | January 1, 2021 7:27:45 pm Goods and services tax (GST) collections in December (for November sales) increased 11.6 percent year-on-year to Rs 1.15.174 crore, the highest level since the implementation of the indirect tax regime in July of …

GST’s revenues during December 2020 have been the highest since the introduction of the new tax regime. Gross Goods and Services Tax (GST) revenue collected in December 2020 was Rs 1,15,174 million, of which CGST was Rs 21,365 million, SGST was Rs 27,804 million, IGST was Rs 57,426 crore (including …

Gross GST revenue collected in December 2020 increased to ₹1,15,174 crore, a monthly historical maximum since the implementation of the new tax regime, according to the Ministry of Finance. The December figures, which are 12% higher than GST’s revenue in the same month last year, are in line with the …