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.
He said while a lot of people were critical of the GST in its current form, they forget the complex taxation system prevalent in India pre-GST.
Prime Minister Narendra Modi has said he did not bring out a White Paper on India's economy when he took over in 2014 because making public "intricate details" could have multiplied the distress rather than mollifying it.
Finance Minister Piyush Goyal on Monday expressed confidence that the government will not only meet the fiscal deficit target of…
Jaitley dismissed the idea of a single rate GST being advocated by Congress President Rahul Gandhi as flawed saying that it can only work in a country where the entire population has 'similar and high' capacity to spend.
The GST, the minister said, would have a long-term impact on the country's GDP growth, ease of doing business and expansion of trade, industry
