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For Every Rupee, 66 Paise To Come From Direct, Indirect Taxes: Budget Document
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents.
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GST Portal Seeks Extension For Filing Return As Portal Faces Technical Glitch
The GST Network has sought an extension for filing GST sales returns after it flagged a technical glitch in its system to the Central Board of Indirect Taxes and Customs.
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28% GST On Online Gaming Set To Be Implemented From October 1
The Central Board of Indirect Taxes and Customs (CBIC) Chairman, Sanjay Agarwal, has announced that India is prepared to implement a 28 per cent Goods and Services Tax (GST) rate on online gaming starting from October 1.
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Monthly GST Revenue Of Rs 1.50 Lakh Crore To Be New Normal: Indirect Taxes Board
Vivek Johri said the GST and Customs revenue collection numbers as given in Budget 2023-24 are realistic based on nominal GDP growth and import trends.
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Budget 2023: For Every Rupee In Government Coffer, 58 Paise Will Come From Taxes
Budget 2023: For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 34 paise from borrowings and other liabilities, 6 paise from non-tax revenue like disinvestment.
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Centre Exempts Imports Of Covid Vaccines From Customs Duty Till March 31
The Central Board of Indirect Taxes and Customs (CBIC) said Covid vaccines, when imported into India by central government or state governments, would be exempt from the whole of customs duty from January 14, 2023 till March 31, 2023.
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Supreme Court To Have Specialised Benches For Criminal, Tax, Other Issues
The Supreme Court will have four special benches to conduct proceedings in issues relating to criminal matters, direct and indirect tax matters, land acquisition matters, and motor accidents claims tribunal.
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Deadline To File September GST Returns Extended Till October 21
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the Central Board of Indirect Taxes and Customs (CBIC) said on Friday.
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Commerce Ministry Proposes Incentives To Revamp Special Economic Zones
The commerce ministry is proposing a host of direct and indirect incentives such as deferral of import duties and exemption from export taxes to revamp Special Economic Zones through a new legislation, an official said.
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CBIC Launches Scrutiny Into 50,000 GST Filings, Proposes Quarterly Scrutiny
Central Board of Indirect Taxes and Customs (CBIC) has proposed mandatory scrutiny of Goods and Service Tax (GST) returns on a quarterly basis
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GST Refunds Worth Rs 1.75 Lakh Crore Issued To Exporters In 2021-22
Central Board of Indirect Taxes and Customs (CBIC) issued duty drawback and GST refunds of Rs 1.75 lakh crore to exporters in 2021-22
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Tax Collections Touched Rs 27.07 Lakh Crore In 2021-22: Revenue Secretary
Tax collections touched a record high of Rs 27.07 lakh crore in 2021-22 as mop-up from income and other direct taxes as well as indirect taxes jumped
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Budget 2022: For Every Rupee In Government Coffer, 58 Paise To Come From Taxes
For every rupee in government's coffer, 58 paise will come from direct and indirect taxes, 35 paise from borrowings and 5 paise from disinvestment
-
Budget 2022: Tax Rebates, Duty Rationalisation Most Awaited Sops
While corporates are expecting announcements which will push their growth agenda, taxpayers are expecting more disposable income in their hands
-
GST Hike On Textiles From 5% To 12% Deferred Amid Objections
Earlier in the year, the Central Board of Indirect Taxes and Customs had announced that the GST rate on garments, textiles, and footwear would be raised from five per cent to 12 per cent with effect from January 1, 2022.
-
For Every Rupee, 66 Paise To Come From Direct, Indirect Taxes: Budget Document
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents.
-
GST Portal Seeks Extension For Filing Return As Portal Faces Technical Glitch
The GST Network has sought an extension for filing GST sales returns after it flagged a technical glitch in its system to the Central Board of Indirect Taxes and Customs.
-
28% GST On Online Gaming Set To Be Implemented From October 1
The Central Board of Indirect Taxes and Customs (CBIC) Chairman, Sanjay Agarwal, has announced that India is prepared to implement a 28 per cent Goods and Services Tax (GST) rate on online gaming starting from October 1.
-
Monthly GST Revenue Of Rs 1.50 Lakh Crore To Be New Normal: Indirect Taxes Board
Vivek Johri said the GST and Customs revenue collection numbers as given in Budget 2023-24 are realistic based on nominal GDP growth and import trends.
-
Budget 2023: For Every Rupee In Government Coffer, 58 Paise Will Come From Taxes
Budget 2023: For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 34 paise from borrowings and other liabilities, 6 paise from non-tax revenue like disinvestment.
-
Centre Exempts Imports Of Covid Vaccines From Customs Duty Till March 31
The Central Board of Indirect Taxes and Customs (CBIC) said Covid vaccines, when imported into India by central government or state governments, would be exempt from the whole of customs duty from January 14, 2023 till March 31, 2023.
-
Supreme Court To Have Specialised Benches For Criminal, Tax, Other Issues
The Supreme Court will have four special benches to conduct proceedings in issues relating to criminal matters, direct and indirect tax matters, land acquisition matters, and motor accidents claims tribunal.
-
Deadline To File September GST Returns Extended Till October 21
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the Central Board of Indirect Taxes and Customs (CBIC) said on Friday.
-
Commerce Ministry Proposes Incentives To Revamp Special Economic Zones
The commerce ministry is proposing a host of direct and indirect incentives such as deferral of import duties and exemption from export taxes to revamp Special Economic Zones through a new legislation, an official said.
-
CBIC Launches Scrutiny Into 50,000 GST Filings, Proposes Quarterly Scrutiny
Central Board of Indirect Taxes and Customs (CBIC) has proposed mandatory scrutiny of Goods and Service Tax (GST) returns on a quarterly basis
-
GST Refunds Worth Rs 1.75 Lakh Crore Issued To Exporters In 2021-22
Central Board of Indirect Taxes and Customs (CBIC) issued duty drawback and GST refunds of Rs 1.75 lakh crore to exporters in 2021-22
-
Tax Collections Touched Rs 27.07 Lakh Crore In 2021-22: Revenue Secretary
Tax collections touched a record high of Rs 27.07 lakh crore in 2021-22 as mop-up from income and other direct taxes as well as indirect taxes jumped
-
Budget 2022: For Every Rupee In Government Coffer, 58 Paise To Come From Taxes
For every rupee in government's coffer, 58 paise will come from direct and indirect taxes, 35 paise from borrowings and 5 paise from disinvestment
-
Budget 2022: Tax Rebates, Duty Rationalisation Most Awaited Sops
While corporates are expecting announcements which will push their growth agenda, taxpayers are expecting more disposable income in their hands
-
GST Hike On Textiles From 5% To 12% Deferred Amid Objections
Earlier in the year, the Central Board of Indirect Taxes and Customs had announced that the GST rate on garments, textiles, and footwear would be raised from five per cent to 12 per cent with effect from January 1, 2022.
