LIC receives GST demand notice of Rs 39.39 lakh from Gujarat I-T officials
The corporation has filed an appeal against the order demanding GST of Rs 19,64,584 for FY 2017-18. Life Insurance Corporation …
Goods and Services Tax
Punjab’s GST mop-up increases by 16% to over Rs 19,000 crore till February
The Goods and Services Tax (GST) collection in Punjab jumped 15.69 per cent to Rs 19,222 crore in the current …
FM Sitharaman to inaugurate conference of GST enforcement chiefs on Monday
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will inaugurate the one-day conference and also deliver the keynote address …
GST Council may soon clarify on exemption of tax to RERA bodies
The GST Council is likely to soon clarify that Real Estate Regulatory Authority (Rera) will not be required to pay …
Govt permits GSTN to share data with RBI’s frictionless credit platform
The platform, created by the Reserve Bank of India (RBI) subsidiary Reserve Bank Innovation Hub, is intended to enable seamless …
Avg monthly GST earnings to grow 11% to Rs 1.85 trn in FY25: Revenue secy
The government expects average monthly GST collections to touch about Rs 1.85trillion in the next fiscal, up from about Rs …
Restaurants’ body seeks restoration of ITC, higher GST rate of 12%
The lack of ITC not only reduces the operating margin of the business but also enhances the capital budget for …
Multiple companies got GST notices this new year. Here’s why…
Come the new year, multiple large companies have received gifts from the Goods and Services Tax (GST) department in the …
29,273 bogus firms evaded ₹44,015 cr tax since May: Govt
New Delhi: Haryana tops the list of fake firms per lakh among entities registered with the Goods and Services Tax …
India’s gross GST collections in December jumped 10.3% to Rs 1.64 trillion
The gross Goods and Services Tax (GST) collections in December 2023 were recorded at Rs 164,882 crore, 10.3 per cent …
