Economy
Impact of GST on Indian Economy
We will present you with some facts regarding the impact of GST on the Indian economy
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GST
Economy
Finance
Nirmala Sitharaman: GST rate-cuts has been introduced for the ease of COVID-19 patients
The 44th GST Council held under the chairmanship of Finance Minister, Nirmala Sitharaman, has decided to reduce the GST rates…
Health
Tax cut on COVID-19 essentials, black fungus drug on agenda for today’s GST council meet
Anurag Thakur, the Union minister of state for finance along with finance ministers of states and Union territories and senior…
Policy
GST Council to discuss tax reduction on COVID related items on June 12 meeting
The GST Council had last met on May 28 to discuss tax exemptions on COVID essential items, among other things.
Policy
GST compensation and other topics expected to be discussed at GST Council today
A variety of issues will be on the table at the 43rd meet of the GST Council, chaired today by…
Policy
GST Council to meet on Friday to discuss revenue shortfall
The second wave of Covid-19 infections in the country has forced many states to impose lockdowns, leading to a fall…
Economy
Government detects GST fraud of ₹20,124 crore: FM Nirmala Sitharaman
Finance minister Nirmala Sitharaman said the government of India has identified GST fraud of ₹20,124 crore from November 9, 2020…
Finance
Union Budget 2021: January GST Revenue at record high of Rs 1.2 Lakh Crore ahead of Budget
India’s gross Goods and Services Tax revenues hit a record high in January with inflows of nearly ₹1.2 lakh crore,…
Economy
In crackdown on fake GST invoices, 258 arrested since November
More than 2,500 cases have been registered since mid-November as a part of the government’s crackdown on fake goods and…
Economy
Business with monthly turnover exceeding Rs 50 lakh to pay atleast 1% GST in cash
Businesses whose monthly turnover exceeds Rs 50 lakh are liable to pay 1% of their GST liability in cash. The…
India
Second month of GST collection over Rs 1 lakh crore
The Indian Goods and Services Tax collection for November has again come to Rs.1 lakh crore, which is greater than…
Crime
Piyush Kothari arrested for creating 100 crore GST fraud
Piyush Kumar Kothari had been creating fake invoices worth Rs 100 crore during the last three years and had been…