GST

GST Council Meet: What Will Be The Key Agenda?

20 Jun 2024

With barely days left for the June 22 GST council meet, and no agenda decided yet. It is expected that state finance ministers might provide suggestions on indirect taxes, which might be included in the upcoming union budget. Moreover, with GST revenue showing a notable increase, the industry is closely...

GST Council Likely To Remove Retro Tax On Online Gaming Companies

19 Jun 2024

Providing a potential relief to gaming companies, the GST Council might consider amending the Central Goods and Services Tax (CGST) Act, 2017, likely removing retro tax on gaming companies. Introduced by the law committee, this proposal aims to deal with tax notices, where low taxes are paid due to issues with...

53rd Meeting Of GST Council To Be Held On June 22 In Delhi

13 Jun 2024

The 53rd GST Council meeting will be conducted on June 22, 2024, at the national capital New Delhi. 'The 53rd meeting of the GST Council will be held on 22nd June 2024 at New Delhi' announced GST council on Thursday. The 53rd meeting of the GST Council will be held...

Parliament Special Session: Article 370, GST, One Rank One Pension, PM Modi remembers key bills

18 Sep 2023

Prime Minister Narendra Modi hailed "historic decisions" - referring to his government's contentious initiatives on Article 370, the GST, and the 'One Rank-One Pension' laws - in his opening remarks on the first day of a special session that would see Parliament relocate to a new facility. The Prime Minister...

Punjab CM Mann presents 249 candidates from various departments with appointment letters

12 Sep 2023

On Tuesday, 249 candidates from various departments received appointment letters from Punjab Chief Minister Bhagwant Mann. In the process, he made fun of previous administrations and former Punjab Chief Minister Captain Amarinder Singh, questioning whether or not the latter was "really a captain." The former finance minister, according to Bhagwant...

Here’s what Nitin Gadkari says on additional 10% GST on diesel vehicles

12 Sep 2023

Union Transport and Highways Minister Nitin Gadkari has proposed a 10% increase in diesel car prices in order to discourage polluting automobiles. “Today evening, I am meeting the Union finance minister (Nirmala Sitharaman). I have already prepared a letter where I proposed an additional 10 per cent GST,” Gadkari said...

GST revenues clock 13% year on year growth in March 2023

03 Apr 2023

India’s gross Goods and Services Tax collection for the month of March 2023 grew 13 per cent year-on-year at ₹1,60,122 crore, from the GST revenues in the same month last year. This is the fourth time in the current financial year that the gross GST collection has crossed ₹1.5 lakh...

Odisha CM urges Nirmala Sitharaman to eliminate GST on Kendu leaf

27 Nov 2022

The chief minister of Odisha, Naveen Patnaik, on Saturday urged the union finance minister, Nirmala Sitharaman, to take into consideration eliminating the center-levied goods and services tax (GST) on Kendu leaf in the state because it was negatively impacting trade and the livelihoods of locals who depended on it. In...

Delhi’s GST collection increased by 32% in September: Centre

04 Oct 2022

The Goods and Services Tax (GST) revenue collected in the national Capital in September was Rs 4,741 crore, a 32% increase over the same period last year, according to data released by the Delhi government on Tuesday. With a GST collection of 4,349 crore in August, the monthly revenue increased...

GST revenue increases 26% to over Rs 1.47 lakh

01 Oct 2022

The amount of GST collected in September increased by 26% to over Rs. 1.47 lakh crore, the finance ministry reported on Saturday The mop-up for the Goods and Services Tax (GST) has exceeded 1.40 lakh crore for seven consecutive months. According to a statement from the ministry, the total gross...

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