Tag: GST
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Odisha records 28% growth in gross GST collection in April
Odisha has maintained the highest growth rate of gross GST amongst the major states with a collection of Rs 4,910.23 crore during April 2022...
‘GST Council’s GoM to recommend best practices to tax online gaming, horse racing’
The Goods and Services Tax (GST) Council's group of ministers (GoM) on online gambling, racecourses, and casinos will look to recommend best global practices...
FY22 tax collection exceeds budgetary estimate, rises to over Rs 27 lakh cr
Accelerated economic recovery along with enhanced compliance pushed India's FY22 tax collection to Rs 27.07 lakh crore, almost Rs 5 lakh crore above the...
‘Govt should use CBI, ED to check hoarding, not against political opponents’
Criticizing the Central government, West Bengal Chief Minister and Trinamool Congress supremo Mamata Banerjee on Thursday said the Union government should use the central...
GST Council did not recommend reducing GST on health insurance: FM
The GST Council has not recommended a reduction of the 18 percent GST rate on health insurance schemes, Finance Minister Nirmala Sitharaman told the...
March GST collection at record high of over Rs 1.42 lakh crore
India's GST collection touched a record high in March 2022 at Rs 1,42,095 crore, official data showed on Friday.
The previous record high stood at...
Economic indicators’ data expected to be mixed on geopolitical disruptions
The key high-frequency economic indicators for March 2022 are expected to paint a mixed picture of the economy's health.
The high-frequency indicators include passenger vehicle...
Mumbai footwear exporter nabbed for Rs 15 crore GST fraud
The CGST Thane Commissionerate, Mumbai Zone, has arrested a footwear exporter for fraudulently claiming GST input tax credits (ITC) of Rs 15.26 crore, a...
Odisha records 23% growth in gross GST collection in Feb
Odisha recorded a 23 percent growth in gross GST collection in the month of February as compared to the corresponding month of 2021, officials...
‘Reduce GST as beedis exported to Europe, Gulf and US’
Indian beedis are being exported to various countries, said officials at a panel discussion and therefore on the need to reduce the Goods and...