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GST Collections In July Second Highest Ever, Rise 28% Year-On-Year
Goods and Services Tax collection for the month of July was recorded at Rs 1,48,995 crore, which is 28 per cent higher as compared to the same month last year. This is the second highest revenue since the introduction of the GST in 2017.
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Opinion: GST, Historical Tax Reform, At 5 Years, Has Lost Its Way
Five years ago, India's federal and state governments struck a historic deal. From July 1, 2017, a uniform tax on goods and services - marketed by Prime Minister Narendra Modi as "One Nation, One Tax, One Market" - replaced a bewildering array of loc
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GST Day 2022: Date And Significance Of The Day
The GST Day was first celebrated on July 1, 2018, to mark the first anniversary of the new tax regime
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August GST Collections Come At Rs 86,449 Crore, 1% Lower Than July
GST collection in July had come at Rs 87,422 crore, while GST for the month of August last year was Rs 98,202 crore
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Nirmala Sitharaman To Chair GST Council Meeting, Will Discuss Compensation To States
GST Council Meet: The meeting will discuss compensation to states and attempt to evolve a consensus on borrowing from the market to reimburse states for their revenue shortfall.
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Goods And Service Tax Regime Completes 3 Years
GST was unveiled on July 1, 2017 at a glittering ceremony held in the Central Hall of Parliament on the midnight of June 30, 2017.
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GST Collection Grows 6% To Surpass Rs 1 lakh Crore In November
The figure marked the third largest monthly collection of GST since the launch of the new indirect tax regime in July 2017, behind Rs 1,13,865 crore in April and Rs 1,06,577 crore in March. Also, the GST collection came in above the Rs 1 lakh crore mark for the eighth time, the Ministry of Finance said in a press release.
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GST Collections At Rs. 1.02 Lakh Crore In July
GST receipts in June had fallen below Rs 1 lakh crore for the first time in the current financial year to Rs. 99,939 crore.
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GST Council Decides To Reduce Rate On Electric Vehicles To 5% From August 1
The GST or Goods and Services Tax Council on Saturday decided to reduce the rates applicable to electric vehicles (EVs) and the chargers used for such vehicles. In a statement released after the conclusion of its 36th meeting, the GST Council said it had decided to revise the rates applicable to electric vehicles and electric vehicle chargers to 5 ...
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GST May Become Two-Tier Tax As Revenues Increase: Arun Jaitley
GST, which subsumed 17 local taxes, was rolled out on July 1, 2017. The GST currently has four slabs -- 5, 12, 18 and 28 per cent
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As GST Turns 1, Prime Minister Narendra Modi Says GST Has Brought Growth, Simplicity, Transparency
The government has announced July 1 as 'GST (Goods and Services Tax) Day', to mark the first anniversary of the launch of the new indirect tax regime.
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GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform
On the completion of one year of the rolling out of the GST plan, the government is to celebrate GST Day today at the Ambedkar International Centre to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Finance Ministry said the first year has been...
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"Grossly Scary Tax", Says Congress On GST's First Anniversary
As the Goods and Services Tax (GST) roll-out completes one year on July 1, the Congress on Saturday described it as a "Grossly Scary Tax" and said the promise of a "single tax GST" still remains a pipe dream.
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July 1 To Be Celebrated As GST Day
The first year of GST has been an example to the world of the readiness of the Indian taxpayer to be a partner in this unprecedented reform of Indian taxation, the Ministry of Finance said.
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One Year Of GST: Here's What India Inc Thinks About The Landmark Reform
In a major initiative to ease the tax system of the country, government launched GST on July 1, 2017.
-
GST Collections In July Second Highest Ever, Rise 28% Year-On-Year
Goods and Services Tax collection for the month of July was recorded at Rs 1,48,995 crore, which is 28 per cent higher as compared to the same month last year. This is the second highest revenue since the introduction of the GST in 2017.
-
Opinion: GST, Historical Tax Reform, At 5 Years, Has Lost Its Way
Five years ago, India's federal and state governments struck a historic deal. From July 1, 2017, a uniform tax on goods and services - marketed by Prime Minister Narendra Modi as "One Nation, One Tax, One Market" - replaced a bewildering array of loc
-
GST Day 2022: Date And Significance Of The Day
The GST Day was first celebrated on July 1, 2018, to mark the first anniversary of the new tax regime
-
August GST Collections Come At Rs 86,449 Crore, 1% Lower Than July
GST collection in July had come at Rs 87,422 crore, while GST for the month of August last year was Rs 98,202 crore
-
Nirmala Sitharaman To Chair GST Council Meeting, Will Discuss Compensation To States
GST Council Meet: The meeting will discuss compensation to states and attempt to evolve a consensus on borrowing from the market to reimburse states for their revenue shortfall.
-
Goods And Service Tax Regime Completes 3 Years
GST was unveiled on July 1, 2017 at a glittering ceremony held in the Central Hall of Parliament on the midnight of June 30, 2017.
-
GST Collection Grows 6% To Surpass Rs 1 lakh Crore In November
The figure marked the third largest monthly collection of GST since the launch of the new indirect tax regime in July 2017, behind Rs 1,13,865 crore in April and Rs 1,06,577 crore in March. Also, the GST collection came in above the Rs 1 lakh crore mark for the eighth time, the Ministry of Finance said in a press release.
-
GST Collections At Rs. 1.02 Lakh Crore In July
GST receipts in June had fallen below Rs 1 lakh crore for the first time in the current financial year to Rs. 99,939 crore.
-
GST Council Decides To Reduce Rate On Electric Vehicles To 5% From August 1
The GST or Goods and Services Tax Council on Saturday decided to reduce the rates applicable to electric vehicles (EVs) and the chargers used for such vehicles. In a statement released after the conclusion of its 36th meeting, the GST Council said it had decided to revise the rates applicable to electric vehicles and electric vehicle chargers to 5 ...
-
GST May Become Two-Tier Tax As Revenues Increase: Arun Jaitley
GST, which subsumed 17 local taxes, was rolled out on July 1, 2017. The GST currently has four slabs -- 5, 12, 18 and 28 per cent
-
As GST Turns 1, Prime Minister Narendra Modi Says GST Has Brought Growth, Simplicity, Transparency
The government has announced July 1 as 'GST (Goods and Services Tax) Day', to mark the first anniversary of the launch of the new indirect tax regime.
-
GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform
On the completion of one year of the rolling out of the GST plan, the government is to celebrate GST Day today at the Ambedkar International Centre to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Finance Ministry said the first year has been...
-
"Grossly Scary Tax", Says Congress On GST's First Anniversary
As the Goods and Services Tax (GST) roll-out completes one year on July 1, the Congress on Saturday described it as a "Grossly Scary Tax" and said the promise of a "single tax GST" still remains a pipe dream.
-
July 1 To Be Celebrated As GST Day
The first year of GST has been an example to the world of the readiness of the Indian taxpayer to be a partner in this unprecedented reform of Indian taxation, the Ministry of Finance said.
-
One Year Of GST: Here's What India Inc Thinks About The Landmark Reform
In a major initiative to ease the tax system of the country, government launched GST on July 1, 2017.
