During the month, revenues from domestic transaction (including import of services) were 15 per cent higher while revenues from import of goods was 6 per cent higher compared to the same month last year
This represents 61.79 per cent of the full-year Budget Estimates (BE) of direct tax collection for 2022-23 (April-March)
The Confederation of Indian Industry (CII), which was part of the virtual pre-Budget meeting, called for an aggressive focus on privatisation of public sector units and increasing allocation to capital expenditure with focus...
There are ways to save money on ATM cash withdrawals. Read on to find more.
Arvind Kejriwal, Delhi Chief Minister and leader of the Aam Aadmi Party (AAP), on Monday called for conferring the Bharat Ratna to diamond businessmen and jewellers in Surat, Gujarat.
He alleged that the existing faulty GST regime and Prime Minister Narendra Modi-led government's demonetisation in 2016 ruined small and medium businesses
Fake notes remained in circulation, growth rate fell and MSME sector suffered due to liquidity crunch, but alongside, a greater part of the economy was formalised. On the day that the Supreme Court upheld the Centre’s 2016...
The collection has been over Rs 1.4 lakh crore since March and in August it was Rs 1.43 lakh crore
In a joint report, industry body ASSOCHAM and professional services company Earnest & Young (EY) have warned that the online gaming industry could suffer if...
The government has clarified that no GST is applicable if a firm or a proprietor rents a house for personal use
The case was recently highlighted by a salaried individual who was asked to pay GST on his home rent. But what does the law say? Here’s what experts decode.
Over the last seven years, the Union government increased taxes on petrol by Rs 23.42 per litre and Rs 28.23 per litre on diesel
The minister, replying to a short-duration discussion on price rise in the Rajya Sabha, also said GST has not increased the burden on families
Currently, businesses with turnover of Rs 20 crore and above are required to generate electronic invoice for all B2B transactions
The collections in July this year is the second highest since the introduction of GST in July 2017, the ministry said in a statement
Chairing a meeting of the state tax department pertaining to revenue collection at his residence, Yogi Adityanath said that Value Added Tax (VAT) will not be...
Opposition MPs have been demanding a discussion in the Parliament on inflation and GST. Four Congress Lok Sabha MPs were suspended on Monday.
The difference in inflation, according to experts, can be attributed to factors like transport costs, tax policies of state governments, and supply chain...
Non-BJP ruled states of Punjab, Chhattisgarh, Rajasthan, Tamil Nadu, West Bengal, Andhra Pradesh, Telangana and Kerala had agreed to imposing the 5 per cent...
Congress leaders staged protests at the Parliament complex following the application of GST on food items.
The new tax rate will be effective from Monday, the Securities and Exchange Board of India (Sebi) said in a circular
When a nationwide GST subsumed 17 central and state levies from July 1, 2017, it was decided that states will be compensated for any loss of revenue from the...
Wholesale grain markets at Narela, Bawana and other parts of the city wore a deserted look due to the market bandh called by traders. Many retail grain markets...
The Indian Medical Association has requested the Union Finance Minister Nirmala Sitharaman to withdraw the GST that's applicable to healthcare services.
E-commerce portal Myntra Designs Pvt Ltd had approached the AAR seeking a ruling on whether providing advertisement space on its portal to foreign entity...
