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Finance Minister Explains How GST Benefitted People Through Pro-Poor Approach
Finance Minister Nirmala Sitharaman on Monday said the government has adopted "a pro-poor approach" while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage of GDP have reached the pre-GST level.
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GST Revenues Hit Record Rs 2.10 Lakh Crore In April. Here's What Led To It
Goods and Services Tax collections grew 12.4 per cent to a record high of Rs 2.10 lakh crore in April, aided by strong economic momentum and increased domestic transactions and imports, the finance ministry said today.
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Billionaire Businessmen Arrested In Multi-Crore GST Fraud Case In Noida
In a breakthrough in the Goods and Services Tax (GST) fraud case, the Noida Police on Wednesday said it has arrested two Haryana-based "billionaire businessmen" who allegedly masterminded the multi-crore revenue loss to the exchequer.
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BJP Vs Congress In Delhi, Karnataka As Centre-States Fund Row Heats Up
The BJP and the Congress went head-to-head Wednesday morning over allegations the centre is withholding funds - specifically devolution of tax revenue - to the Karnataka government.
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28% GST Already Applied On Online Gaming, Casinos, Not Retrospective: Centre
As states like Delhi and Goa raised the issue of tax demand on online gaming companies and casinos retrospectively, Revenue Secretary Sanjay Malhotra on Saturday reiterated that 28 per cent GST was levied on online gaming and casinos even before.
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"Government Losing Revenue Due To GST", Says PM's Top Economic Advisor
Economic Advisory Council to the Prime Minister (EAC-PM) Chairman Bibek Debroy on Tuesday said the government was losing revenue due to the GST, which should be revenue neutral with a single rate.
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Revenue Officer Charged For Demanding Rs 30 Lakh Bribe From Chinese Firm
The Central Bureau of Investigation (CBI) on Friday booked an Indian Revenue Service (IRS) officer for allegedly seeking a bribe of Rs 30 lakh from a China-based company in a case related to GST evasion.
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GST Revenues Rise To Rs 1.65 Lakh Crore In July On Anti-Evasion Measures
GST collection rose 11 per cent to over Rs 1.65 lakh crore in July as a result of anti-evasion measures and higher consumer spending.
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Amendment To GST Act On Online Gaming In Parliament Monsoon Session
Revenue Secretary Sanjay Malhotra today said the central government will bring clarificatory amendments to the GST Act in the monsoon session of Parliament to implement GST Council's decision of imposing 28 per cent tax on online gaming, casino and horse racing.
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28% GST On Online Gaming To Yield Rs 20,000 Crore Annually: Centre
The exchequer would get an estimated additional revenue of Rs 20,000 crore annually following the decision of the GST Council to levy 28 per cent tax on full bet value on online gaming, said Revenue Secretary Sanjay Malhotra today.
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Arvind Kejriwal Credits "Honest Governance" For Delhi's Rising GST Revenue
GST collections in Delhi NCT have been rising consistently over the past several years.
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6 Years Of GST: Rs 1.5 Lakh Crore Monthly Revenue, Focus Now To Curb Tax Evasion
Six years after Goods and Services Tax revenue of Rs 1.5 lakh crore every month has become a new normal and tax officers are focusing on dealing with fraudsters who are adopting newer modus operandi to game the system, causing loss to the exchequer.
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"No Amount Of Headline Management Can Hide...": Congress On Rural Jobs Scheme
Hitting out at the government, the Congress said on Tuesday that "no amount of headline management" with GDP growth numbers and GST revenues can hide the economic distress faced by a majority of Indians as it cited a surge in the
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"Great News For Economy": PM Lauds Highest-Ever GST Collection In April
Prime Minister Narendra Modi called GST revenue collection for April 2023 being highest ever at Rs 1.87 lakh crore "great news for the Indian economy."
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At Rs 1.87 Lakh Crore, GST Collection For April 2023 Is Highest Ever
The goods and services tax (GST) revenue collection for April 2023 was the highest-ever at Rs 1.87 lakh crore, the government said today.
-
Finance Minister Explains How GST Benefitted People Through Pro-Poor Approach
Finance Minister Nirmala Sitharaman on Monday said the government has adopted "a pro-poor approach" while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage of GDP have reached the pre-GST level.
-
GST Revenues Hit Record Rs 2.10 Lakh Crore In April. Here's What Led To It
Goods and Services Tax collections grew 12.4 per cent to a record high of Rs 2.10 lakh crore in April, aided by strong economic momentum and increased domestic transactions and imports, the finance ministry said today.
-
Billionaire Businessmen Arrested In Multi-Crore GST Fraud Case In Noida
In a breakthrough in the Goods and Services Tax (GST) fraud case, the Noida Police on Wednesday said it has arrested two Haryana-based "billionaire businessmen" who allegedly masterminded the multi-crore revenue loss to the exchequer.
-
BJP Vs Congress In Delhi, Karnataka As Centre-States Fund Row Heats Up
The BJP and the Congress went head-to-head Wednesday morning over allegations the centre is withholding funds - specifically devolution of tax revenue - to the Karnataka government.
-
28% GST Already Applied On Online Gaming, Casinos, Not Retrospective: Centre
As states like Delhi and Goa raised the issue of tax demand on online gaming companies and casinos retrospectively, Revenue Secretary Sanjay Malhotra on Saturday reiterated that 28 per cent GST was levied on online gaming and casinos even before.
-
"Government Losing Revenue Due To GST", Says PM's Top Economic Advisor
Economic Advisory Council to the Prime Minister (EAC-PM) Chairman Bibek Debroy on Tuesday said the government was losing revenue due to the GST, which should be revenue neutral with a single rate.
-
Revenue Officer Charged For Demanding Rs 30 Lakh Bribe From Chinese Firm
The Central Bureau of Investigation (CBI) on Friday booked an Indian Revenue Service (IRS) officer for allegedly seeking a bribe of Rs 30 lakh from a China-based company in a case related to GST evasion.
-
GST Revenues Rise To Rs 1.65 Lakh Crore In July On Anti-Evasion Measures
GST collection rose 11 per cent to over Rs 1.65 lakh crore in July as a result of anti-evasion measures and higher consumer spending.
-
Amendment To GST Act On Online Gaming In Parliament Monsoon Session
Revenue Secretary Sanjay Malhotra today said the central government will bring clarificatory amendments to the GST Act in the monsoon session of Parliament to implement GST Council's decision of imposing 28 per cent tax on online gaming, casino and horse racing.
-
28% GST On Online Gaming To Yield Rs 20,000 Crore Annually: Centre
The exchequer would get an estimated additional revenue of Rs 20,000 crore annually following the decision of the GST Council to levy 28 per cent tax on full bet value on online gaming, said Revenue Secretary Sanjay Malhotra today.
-
Arvind Kejriwal Credits "Honest Governance" For Delhi's Rising GST Revenue
GST collections in Delhi NCT have been rising consistently over the past several years.
-
6 Years Of GST: Rs 1.5 Lakh Crore Monthly Revenue, Focus Now To Curb Tax Evasion
Six years after Goods and Services Tax revenue of Rs 1.5 lakh crore every month has become a new normal and tax officers are focusing on dealing with fraudsters who are adopting newer modus operandi to game the system, causing loss to the exchequer.
-
"No Amount Of Headline Management Can Hide...": Congress On Rural Jobs Scheme
Hitting out at the government, the Congress said on Tuesday that "no amount of headline management" with GDP growth numbers and GST revenues can hide the economic distress faced by a majority of Indians as it cited a surge in the
-
"Great News For Economy": PM Lauds Highest-Ever GST Collection In April
Prime Minister Narendra Modi called GST revenue collection for April 2023 being highest ever at Rs 1.87 lakh crore "great news for the Indian economy."
-
At Rs 1.87 Lakh Crore, GST Collection For April 2023 Is Highest Ever
The goods and services tax (GST) revenue collection for April 2023 was the highest-ever at Rs 1.87 lakh crore, the government said today.
