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.
As the Goods and Services Tax (GST) roll-out completes one year on July 1, the Congress on Saturday described it…
After one year of GST, while some have labelled it as complex and cumbersome, others have hailed it for removing the multiple indirect taxes and bringing a single tax structure.
In the wake of reports of deposits by Indians soaring in the Swiss banks last year, West Bengal Finance Minister Amit Mitra on Saturday claimed hawala transactions have seen a rise due to failure of GST's automatic digitised process.
According to the government, the GST has greatly benefitted the economy but many including outgoing Chief Economic Advisor Arvind Subramanian are of the view that the multiple tax rates, especially the 28% slab, can be done away with to simplify the regime
Only 21 per cent of the over 32,000 people in 215 districts of India said that their monthly household grocery…
