BUSINESS

goods-services-tax

GST collections rise to 2nd highest-ever in Jan

Goods and Services Tax collections jumped 10.4 per cent to over Rs 1.72 lakh...

GST evasion cases of Rs 1.98 lakh cr detected n 2023

The GST intelligence unit detected tax evasion of more than Rs 1.98 lakh...

GST collections rise 10% to Rs 1.64 lakh cr in Dec

Continuing the upward trend, GST collections rose 10 per cent to about Rs...

Zomato gets Rs 402 cr GST notice over delivery fee

Food delivery major Zomato has received a Rs 401.7 crore show cause notice...

GST collections jump 15% to Rs 1.68 lakh cr in Nov

GST collections jumped 15 per cent to nearly Rs 1.68 lakh crore in November,...

Over 100,000 firms flout GST e-invoicing rules

Over 100,000 small and medium-sized businesses are non-compliant with...

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Nirmalaji's Highest Tax Recovery Plan

'This year's detection of frauds and probable recovery will be mainly driven...

At Rs 1.72 lakh cr, Oct GST collection is 2nd highest

GST collections in October stood at Rs 1.72 lakh crore, the second...

Online gaming cos get GST notices worth Rs 1 lakh cr

GST authorities have issued show cause notices worth Rs 1 lakh crore to...

6 years of GST: Rs 1.5 trn monthly tax is 'new normal'

Six years after the rollout of the biggest indirect tax reform in India,...

GST: Unsung Hero Of Tax Collections

Can this growth in GST collection be sustained in the coming years? asks A K...

GST Council may approve tribunal blueprint this month

The Goods and Services Tax (GST) Council, which is likely to meet in the...

Reliance General Insurance gets Rs 922 cr GST notices

Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital,...

GST Council cedes right to levy tax on raw alcohol

The GST Council on Saturday clarified that guarantees provided by corporate...

GST mop-up rises 10% to over Rs 1.62 lakh cr in Sep

Helped by improved compliance, GST collections increased by 10 per cent to...

GST collection rises 12% to Rs 1.57 lakh crore in May

GST collection in May rose 12 per cent to Rs 1.57 lakh crore, the finance...

Auto dealers' body seeks cut in GST on two-wheelers

Automobile dealers' body FADA on Thursday sought a cut in GST on two-wheelers...

GST & states: How indirect tax system is working

Taiwan in 1951 came up with an ingenious plan to improve tax compliance:...

GST revenues grow 11% to about Rs 1.6 lakh cr in Aug

The GST revenues for August 2023 have shown a growth of 11 per cent year on...

Govt losing revenue due to GST: Bibek Debroy

Economic Advisory Council to the Prime Minister (EAC-PM) chairman Bibek...

LS passes GST bill levying 28% tax on online gaming

Lok Sabha on Friday approved amendments to the Central and Integrated GST...

At Rs 1.87 lakh cr, April's GST collection is highest

GST collection grew by 12 per cent in April to Rs 1.87 lakh crore, the...

GST authorities quiz auto dealers on fake invoicing

Expanding investigation into allegedly wrongful claims of input tax credit by...

GST rate rationalisation unlikely before 2024 polls

Overhaul of the goods and services tax (GST) structure, including possible...

28% GST on online gaming gets Cabinet nod

The Union Cabinet on Wednesday approved changes to GST laws to levy a 28 per...

Gaming site MPL lays off 350 staff after GST rate hike

Online sports platform Mobile Premier League has laid off around 350 people...

28% GST on online gaming stays; to be reviewed in 2024

The decision to impose a 28 per cent tax on the full face value of bets...

March GST revenue of Rs 1.60 lakh cr is 2nd highest

GST collections in March grew 13 per cent to the second highest ever at Rs...

GST Authority Summon Insurance Intermediaries

At least 120 insurance intermediaries and aggregators from across the country...

GST collections rise 12% to Rs 1.49 lakh crore in Feb

GST collections rose 12 per cent to over Rs 1.49 lakh crore in February, the...

Loan given to credit card holder exempt from IGST: HC

The interest charged on an inter-state loan given to a credit card holder...

GST collections rise to Rs 1.65 lakh cr in July

GST collection rose 11 per cent to over Rs 1.65 lakh crore in July as a...

Rent on PG accommodation, hostel to attract GST

Rent paid for paying guest (PG) and hostel accommodations, which are not like...

FM on why GST compensation to some states is delayed

Union Finance Minister Nirmala Sitharaman on Monday said GST compensation to...

Budget: Of every rupee earned, GST's share is 17 paise

For every rupee in the government coffer, 58 paise will come from direct and...

GST revenues grow 15% to nearly Rs 1.50 lakh cr in Dec

The collections from Goods and Services Tax (GST) grew by 15 per cent to over...

E-sports not affected by revised GST

E-sports experts say the burgeoning sector will not be affected by the Goods...

GST: Success And The Way Forward

No longer a discretion of the tax administrator, the audit of returns filed...

Govt's plan to let ED share info with GSTN irks states

Several opposition ruled states expressed concern over Centre's decision to...

Govt tweaks GST rules for claiming input tax credit

GST taxpayers will be required to reverse by November 30 the input tax credit...

Rs 62,000 Crore GST Evasion Detected

'There are unscrupulous traders who create fake invoices by showing bogus...

GST compensation of Rs 17,176 crore pending to states

The government on Tuesday informed Rajya Sabha that GST compensation of Rs...

Over 4,900 fake GST registrations revoked since May 16

GST authorities have identified about 17,000 non-existent GSTINs and...

GST mop-up rises 12% to over Rs 1.61 lakh cr in June

GST collections rose 12 per cent to over Rs 1.61 lakh crore in June, the...

Insurance companies likely to soon face GST audits

Insurance companies may soon face goods and services tax (GST) audits as tax...

GST revenues rise 11% to Rs 1.46 lakh cr in Nov

GST revenues rose by 11 per cent to about Rs 1.46 lakh crore in November over...

28% GST on online gaming likely

The panel of state finance ministers is likely to recommend a uniform GST...

Budget: CII wants govt to decriminalise GST, cut taxes

Industry body CII has pitched for a reduction in personal income tax rates,...