GST collections see 8.9 pc YoY growth at Rs 1.87 lakh crore in October
It is the eighth consecutive month when GST collections stayed above the Rs 1.7 lakh crore mark.
It is the eighth consecutive month when GST collections stayed above the Rs 1.7 lakh crore mark.
The officials from the Kerala Goods and Services Tax (GST) department have seized 104 kg of unaccounted gold valued at around Rs 75 crore in massive raids across gold jewellery-manufacturing units, wholesale outlets and residences in Thrissur district. The raids began on Wednesday and concluded on this morning.
Chief minister Mamata Banerjee today welcomed Centre’s decision to withdraw GST on Life and health insurance, announced today.
The cross-country comparative data on sugar-sweetened beverages (SSB) taxes collated by the World Bank shows that India has one of the highest tax rates for carbonated soft drinks (CSDs) at a total tax rate of 40 per cent as of 2023.
While highlighting that the reliance on personal funds for business operations increases with age, the survey said among self-employed women, 52% of those over 45 years old use their own savings, compared to only 36% of those aged 25-35 years.
Notified in November 2013 during the UPA tenure at the Centre, Article 371J of the Constitution is aimed at all-round development of the state's six northern districts, including Bidar.
The GSTN prepared all its systems based on the draft law but in March last year, the laws were modified.
Goyal said that acknowledging the need to simplify return filing process, a committee was set up to study return forms which came up with a single-page return.
During its last meeting, the GST Council had cut rates on a range of goods including sanitary pads, small TVs, refrigerators, washing machines and many other consumer goods.
The total number of sales return GSTR 3B filed for the month of July is 66 lakh compared to 64.69 lakh filed in June.
