The collection of taxes on goods and services (GST) by the Center and the states exceeded the ₹$ 1 trillion for the fifth consecutive month in February, helped by an aggressive push to improve business compliance and recovery. The sustained rise in GST collections, which recovers after a sharp drop …
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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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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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Kerala’s government canceled its high-level meeting to discuss a legal option to solve the goods and services tax (GST) problem on Saturday, days after the Union’s finance minister, Nirmala Sitharaman, said the government central will borrow 1.1 lakh crore from the market. on behalf of the states and pass them …
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NEW DELHI: The number of electronic permits obtained for the transport of goods in September, as well as the receipts for goods and services tax (GST) collected in the month, are “positive signs of economic recovery,” said Finance Secretary Ajay Bhushan Pandey. Positive GST revenue growth of 4% YoY in …
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“We will discuss and take a call on how to borrow and solve the income deficit (GST). We have given you two options. If they are not acceptable to them, we will discuss it and find a solution. But that doesn’t mean we don’t want to compensate, “Sitharaman said in …
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New Delhi: At least 13 states have offered their loan options that were discussed at the Goods and Services Tax (GST) Council meeting last month to fill their GST income gap. Another six states are expected to give their option in the next two days, said a person familiar with …
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