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Hasmukh Adhia News
GST collection on upswing, close to Rs 90,000 cr: Hasmukh Adhia
Tue, Apr 03, 2018
Revenue collection under the Goods and Services Tax (GST) increased by Rs 1,217 crore in February to Rs 89,264 crore as per the month-end figures, Finance Secretary Hasmukh Adhia said on Monday.
Will stick to 3.5% fiscal deficit estimate for fiscal: Finmin
Wed, Mar 28, 2018
Earlier in the day the government reported a fiscal deficit of Rs 7.16 lakh crore or 120.3 per cent of the revised target which spooked the money markets with rupee falling to 65.18 against the dollar versus 64.97 in previous close. Hasmukh Adhia said that the finance ministry today reviewed the fiscal position of the entire financial year.
GST returns under composition scheme have a surprise: Hasmukh Adhia
Tue, Feb 06, 2018
Out of 10 lakh businesses that opted for the composition scheme during the July-September period, about 7 lakh have filed GST returns for the quarter.
15 states will start intra-state e-way bill from February 1: FM Jaitley
Thu, Jan 18, 2018
The Finance Minister said the Council may consider putting some new items under GST brackets. Further, he said that indirect taxes may pick up with anti-evasion measures.
Tax authorities to tighten the screw on traders to increase GST collections
Mon, Dec 11, 2017
The official also hinted in the report that small taxpayers with annual turnover of upto Rs 1.5 crore and controlled by state tax authorities were suspected to be dodging tax payment.
GST benefits yet to reach consumers; govt talks tough
Mon, Nov 27, 2017
To ensure that consumers are not cheated with higher GST tax on products, the government has formed an anti-profiteering body to take action against the companies which do not pass on benefits to consumers.
Demonetisation drive was meant to cleanse the system: Adhia
Sun, Nov 26, 2017
The Indian government on November 8, 2016 started the demonetisation drive by banning high denomination Rs 500 and Rs 1,000 currency notes.
Govt says GST rates may be rejigged to reduce burden on SMEs
Mon, Oct 23, 2017
Just few months after the introduction of the GST, the new tax regime has seen several teething troubles and compliance issues.
UIDAI chief A B Pandey appointed interim GSTN chairman
Fri, Sep 08, 2017
AB Pandey was given additional charge days after GSTN's first chairman Navin Kumar completed his term on August 29.
GST collection tops Rs 94,000 crore for July from 44 lakh biz
Thu, Sep 07, 2017
Finance Minister Arun Jaitley had last week stated that 38.38 lakh businesses had filed their returns and paid Rs 92,283 crore in taxes for the month of July - the first month of implementation of independent India's biggest tax reform, the GST.
Will ensure minimum possible direct interface between assesses and ITD Officers, says FM Jaitley
Mon, Jul 24, 2017
Arun Jaitley praised Revenue Secretary, Minister of Finance, Hasmukh Adhia for successful implementation of Income Declaration Scheme and activities during and after demonetisation.
2 weeks into GST: Council to take stock tomorrow
Sun, Jul 16, 2017
This will be the first meeting of the Council since the launch of the Goods and Services Tax (GST) on July 1 and the 19th since it was set up in September last year.
Civil aviation ministry seeks deferment of GST implementation
Thu, Jun 15, 2017
The goods and services tax (GST) is scheduled to be rolled out from July 1 and preparations are at an advanced stage.
GST will come into effect from July 1, says Finance secretary Hasmukh Adhia
Wed, May 31, 2017
GST will come into effect from July 1, says Finance secretary Hasmukh Adhia. Watch complete news story of News @ 7:00 PM for getting the detailed news updates!
Not ruling out rationalisation of GST rates: Revenue Secretary
Tue, May 30, 2017
Adhia also said the GST may push India's GDP up by more than 4 per cent because of the simplicity and predictability of the new indirect tax regime, which will encourage people to be tax compliant.
Revenue department sets up twitter handle to answer GST queries
Mon, May 29, 2017
With just over a month left for GST implementation, the revenue department today started a new twitter handle to answer industry queries related to the new indirect tax regime.
Revenue secretary Hasmukh Adhia' said GST will cut down inflation to 2%
Sun, May 21, 2017
Revenue secretary Hasmukh Adhia' said GST will cut down inflation to 2%. Watch this special segment and get to know more here.
GST to cut inflation by 2%, create buoyancy in economy, says Revenue Secretary Hasmukh Adhia
Sun, May 21, 2017
Revenue Secretary Dr Hasmukh Adhia has said that the government's soon-to-be-implemented goods and services tax (GST) will lead to fall in the country's inflation by 2% and will not rise on account of special care taken by the Finance Ministry to keep inflation under control.
GST Impact: Telecom services, mobile phones to be expensive from July 1
Sat, May 20, 2017
According to experts, the telecom services and mobile handset prices will go up from July 1 once the new GST tax comes into effect as the government has finalised 18% tax on services provided by telecom operators as against 15% at present.
61 lakh taxpayers enrolled under GST, says Hasmukh Adhia
Thu, May 11, 2017
He was briefed about the software system being developed for GST, training of tax officials and outreach program being undertaken by Tax Departments across the nation.