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3 mins read
GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow
The Council is likely to be apprised about the ongoing drive against fake registration, the success…
PTI
2 mins read
Fund allocations to key sectors and schemes hiked in budget
The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cen…
ANI
1 min read
GST collection rises 10% to Rs 1.73 lakh crore in May
The gross GST collections in FY25 till May 2024 stood at Rs 3.83 lakh crore, which is a 1…
PTI
2 mins read
GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
2 mins read
GST slab changes unlikely soon; request for GST rate cut on insurance proposed by few states
Proposals have come for reducing rates for insurance, hospitality and beverages, and the online gam…
ANI
1 min read
GST council meeting today: Tax on health insurance premiums expected to be reduced, says report
The 54th GST Council meeting is set to make a major decision on the GST rate on health insurance pr…
2 mins read
GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore
The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in…
ANI
2 mins read
Cabinet approves Rs 784.87 cr e-auctions for 730 FM radio channels across 234 new cities
The Cabinet also approved a proposal to set the Annual License Fee (ALF) for FM channels at 4 per c…
ANI
3 mins read
Stock markets rebound as GST revenues hit record in April
Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record …
PTI
2 mins read
Markets trade firm in early trade as GST revenues hit record in April
From the Sensex basket, Power Grid, Mahindra & Mahindra, Asian Paints, Tata Steel, Sun Phar…
PTI
2 mins read
Note floated to seek distinction between online game of skill, game of chance for FDI
Certain quarters raise objections as they relate online gaming with gambling and betting. There are…
PTI
2 mins read
Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today
Union finance minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, …
ANI
1 min read
GST revenues grew 11% to about ₹1.6 lakh crore in August: Revenue secretary
The GST revenues for August 2023 have shown a growth of 11 per cent year on year due to increased …
PTI
1 min read
GST collections hit ₹1.78 lakh crore in March, second highest since roll-out
GST collections in March grew 11.5 per cent to Rs 1.78 lakh crore, buoyed by domestic transactions,…
PTI
1 min read
28% GST on face value in casinos, online gaming, horse racing will increase revenue collection: FM
Finance minister Nirmala Sitharaman on Tuesday said the 28 per cent GST on full face value of suppl…
PTI
1 min read
GST collection rises 12% to ₹1.57 lakh crore in May
The gross Good & Services Tax (GST) revenue collected in the month of May, 2023 is Rs 1,57,090 cror…
PTI
2 mins read
HUL receives GST demand, penalties of Rs 447.5 cr from authorities of five states
Leading FMCG maker Hindustan Unilever Ltd has received GST demand and penalties totalling Rs 447.5 …
PTI
1 min read
GST collections in February rise 12.5% to cross ₹1.68 lakh crore
Gross Goods and Services Tax (GST) revenue collections for February rose by a robust 12.5 per cent …
1 min read
GST collection surges to 8-month high in November
The country's gross GST revenue went up by 15% to touch an 8-month high of Rs 1,67,929 crore mark i…
1 min read
GST collections slide month-on-month to ₹1.49 lakh crore in February
Goods and Services Tax (GST) collections in February, 2023 stood at Rs 1,49,577 crore, lower than R…