Goods and Services tax

New Delhi : Recording a growth, the gross GST revenue in March rose to Rs 1,60,122 crore as compared with Rs 1,49,577 crore during February this year."The Gross GST revenue of Rs 1,60,122 crore comprise CGST of Rs 29,546 crore, SGST of Rs…

New Delhi : CGST Delhi East Commissionerate officials have busted a syndicate of seven firms which were engaged in GST evasion of more than Rs 85 crore.Initially, five firms were detected which were availing and utilising fake Input Tax…

New Delhi : The impact of the second wave of Covid-19 on GST collection was much more muted than the impact of the nationwide lockdown during the first wave, The Economic Survey for 2021-22 noted.After falling during the nationwide lockdown…

Chennai : An indication on reduction in the Goods and Services Tax (GST) rate on health insurance, giving infrastructure status to healthcare facilities, hiking tax deduction for insurance premium are some the budget wishes listed out by…

Union Minister Prakash Javadekar on Friday assured the automobile industry that he will take up its demand for a cut in the Goods and Services Tax (GST) with the Union Finance Minister and the Prime Minister.Speaking at the virtual Annual…

The Reserve Bank of India has called for setting up an independent regulator for targeted public investment to revive and crowd in private investment.In its Annual Report 2019-20, it said that targeted public investment funded by…