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 …
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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 …
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The total number of GSTR-3B returns filed for the month of November was 82 lakh The government said on Tuesday that it collected goods and services tax (GST) worth Rs 1.04 lakh crore in November. GST’s revenue was 1.05 lakh crore rupees in October, marking two successive months in which …
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The Center has demonstrated its arithmetic skills in the superiority game with the states over who pays the GST compensation deficit in this pandemic year. After several opposition states threatened to take the whole matter to court, the Center has come up with a plan that makes it appear that …
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Former Finance Minister P Chidambaram criticized Nirmala Sitharaman for a comment on “act of God” (archive) New Delhi: Congressional leader P Chidambaram criticized Finance Minister Nirmala Sitharaman for the “act of God” comment she made on Thursday describing the coronavirus pandemic and its impact on GST collection. Sarcastically hailing the …
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