Thu, Nov 02, 2023
Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.
Wed, Nov 01, 2023
GST October collections: The government's GST collections increased 13 per cent on a year-on-year basis last month, according to official data released on Wednesday.
Sat, Aug 26, 2023
Late filing of annual returns under GSTR-10 has been reduced to Rs 1,000 if filed on or before the last date.
Thu, Aug 24, 2023
The Mera Bill Mera Adhikaar scheme offers cash prizes from Rs 10,000 to Rs 1 crore. The plan will be launched on September 1 in three states and three Union Territories.
Tue, Aug 01, 2023
GST frauds are a serious revenue leakage, but there are steps you can take to protect yourself. In this video, we'll show you how to verify GSTINs, check compliance history, and spot red flags that indicate a fake GST registration. By following these tips, you can minimise the risk of falling victim to a scam.
Wed, Jul 12, 2023
The issue before the GoM (group of ministers) was whether to impose a 28 per cent GST on the face value of bets, or gross gaming revenue, or just on platform fees.
Thu, Jun 08, 2023
Prime Minister Modi-led NDA government has completed nine years in office! When PM Modi took oath for the first time, his moto was Sabka Sath, Sabka Vikas, and with this the BJP government embarked upon their journey in 2014 to create an India that is self-sufficient in all aspects. 9 years have passed by, and it is now time to look back at the progress that the country has made in various sectors.
Fri, Feb 03, 2023
"The 49th meeting of the GST Council is scheduled to be held at New Delhi on February 18, 2023," the GST Council said in a tweet on Friday
Sun, Jan 15, 2023
Last week the Cabinet cleared a Rs 2,600-crore incentive scheme for banks to promote RuPay debit cards and low-value BHIM-UPI transactions in the current fiscal.
Sun, Jan 01, 2023
Government has collected gross Goods and Services Tax (GST) of Rs 1,49,507 crore during December 2022, a government release said. Out of this, CGST stood at Rs 26,711 crore, SGST at Rs 33,357 crore while IGST at Rs 78,434 crore (including Rs 40,263 crore collected on import of goods)
Sat, Dec 17, 2022
GST Council Virtual Meeting: Revenue Secretary Sanjay Malhotra announced that GST Council agreed in its meeting to decriminalise certain offences, and it decided to double the threshold of launching prosecution to Rs 2 crores.
Sun, Nov 06, 2022
According to sources, the GST Council's Law Committee, which met in Bengaluru on Saturday, discussed the issues concerning definition for 'games of skill' and 'games of chance' with technical domain experts.
Wed, Sep 28, 2022
Currently, the law provides for launching prosecution against offenders in cases where the amount of Goods and Services Tax (GST) evasion or misuse of input tax credit is more than Rs 5 crore
Thu, Sep 01, 2022
"Better reporting coupled with economic recovery has been having a positive impact on the GST revenues on a consistent basis," the ministry said in a statement.
Wed, Aug 24, 2022
The revenue growth had galloped 25 per cent in FY22 courtesy a lower base in the pandemic-affected FY21, the report by rating agency Crisil, which analysed 17 states accounting for 90 per cent of the aggregate GSDP, said
Tue, Aug 16, 2022
Kerala Goverenment has taken this unique step to check Goods and Services Tax (evasion) by launching an app that would reward people who take GST bills on goods and services. Here is the full detail
Fri, Aug 12, 2022
KPMG in India Partner Indirect Tax Abhishek Jain said the clarification provides relief to GST-registered proprietors or partners in GST-registered firms who take on rent immovable property for their personal use such as renting of a house for family accommodation
Wed, Aug 03, 2022
The report of the Standing Committee on Finance, which was tabled in Parliament, said the revenue department seems to be "caught up in the vicious cycle to tax arrears", as about Rs 18.68 lakh crore in direct tax and Rs 2.95 lakh crore in indirect tax are outstanding in the form of tax arrears.
Tue, Aug 02, 2022
The CBIC plans to further lower the threshold for e-invoice generation to Rs 5 crore.
Mon, Jul 18, 2022
New Goods and Services Tax (GST) rates come into effect from today, 18 July 2022. A number of items that concerns people in their day-to-day lives will be impacted because of the new rates. We collate a list of 10 things that will have an impact on you
GST rate hike list: Many household items, bank services, hotels and more will become costlier from today (July 18) as the GST rates hiked on several items.
Wed, Jul 06, 2022
The government has notified certain procedural changes in the GST rules, including those related to threshold, for filing annual returns for the 2021-22 fiscal, a move that will help ease the compliance burden on small players.
Thu, Jun 30, 2022
Government has announced increase in Goods and Services Tax (GST) on several items including those related to kitchenware, stationary, LED lamps, lights and fixtures. The decision was taken during the two-day GST Council meeting that eneded on 29 June
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