Union Finance Minister Nirmala Sitharaman is chairing the 49th meeting of the GST Council
On Sunday, An electrical contractor has been arrested for alleged involvement in an Input Tax Credit fraud through the use of fake invoices of Rs 87.08 crore, an official said.
The revenues in the current financial year up to January 2023 are 24 per cent higher than the GST revenues during the same period last year
Five petroleum products viz. petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel have temporarily been kept out of the GST framework
Union Budget 2023-24, presented on Wednesday, pegged GST revenue at Rs 9.56 lakh crore for FY24, an increase from the revised estimates of Rs 8.54 lakh crore for FY23
The expense ratio could be either 1.25 per cent or 1.50 per cent, if the AUM is Rs 50,000 crore.
The finance minister said if there is any delay of getting the AG's authentication, it is a matter between the AG and the state government concerned, and they have to sort it out
State Finance Minister Vijay Kumar Chaudhary flagged it as one of the expectations from the upcoming Union budget
As state finances finally start looking up following a pandemic-induced dullness, increasing capital expenditure is necessary to jolt the economy, cut down...
Addressing an event to confer 'The Indian Express Excellence in Governance Awards', Shah said the works of any government, irrespective of the ideology, should...
About 60 per cent of those surveyed are confident about India growing above 6.5 per cent in financial year 2023-24
As India enters its ‘Amrit Kaal’, the government’s vision for development, it may implement various reforms across the economic sectors, and insurance is...
Farmers will be protected. If we can waive lakhs of crore of rupees of 'arabpatis' then we can help farmers as well. Gandhi also targeted the BJP government...
The former Congress president also hit out at the BJP-led Haryana government over the state's high unemployment rate.
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The revenues for the month of December 2022 are 15 per cent higher than the GST revenues in the same month last year
There are many factors going for India—the country’s tax collections have been robust; it stands to gain from the China-plus-one policy due to the...
The Central Board of Indirect Taxes and Customs (CBIC) also notified amendments in GST rates effective from January 1, 2023 for certain goods and services, as...
The finance minister said the Punjab government has also decided to use the services of GST Prime, the latest data analysis tool created by NIC
Section 84 of the CGST Act deals with the procedure where original tax, interest or penalty stands reduced under an appeal, revision or other proceedings
A large incidence of mismatch in Input tax credit (ITC) claims and details of outwards supplies has come to light during the GST audit for 2017-18 and 2018-19...
The new functionality 'Refund for Unregistered person' has been made available on the GST portal and the unregistered person, who wants to file an application...
The taxpayers, however, can reclaim the ITC later following the deposit of taxes by the supplier
The Centre collected 28.1 per cent of cess and surcharge in gross tax revenue of Rs 25.16 lakh crore in 2021-22, says Finance Minister Nirmala Sitharaman
Officials said Monday that the CBI had arrested a superintendent of GST in Mumbai for allegedly demanding a bribe from a businessman.
