goods and services tax (gst)

  1. J

    GST Collection Trends: Growth Amid State Variations and Upcoming Rate Changes

    New Delhi, March 1 Gross GST collection increased by 8.1 per cent to over Rs 1.83 lakh crore in February, driven by higher revenues from imports and improved domestic sales.Gross domestic revenue rose by 5.3 per cent to about Rs 1.36 lakh crore, while gross import revenue climbed by 17.2 per...
  2. D

    February GST Revenue Exceeds Rs 1.83 Lakh Crore

    New Delhi, March 1 Gross GST collection increased by 8.1 per cent to over Rs 1.83 lakh crore in February, driven by higher revenue from imports.Gross domestic revenue rose by 5.3 per cent to approximately Rs 1.36 lakh crore, while gross import revenue climbed by 17.2 per cent to Rs 47,837...
  3. K

    Shell Companies and Payment Aggregators Linked to Fino Payments Bank Probe

    New Delhi, February 28 The Directorate of Goods and Services Tax Intelligence (DGGI) is investigating GST evasion by Fino Payments Bank, which is suspected of using shell companies and payment aggregators to channel illicit funds generated by online money gaming, sources said on Saturday."The...
  4. V

    Bengaluru: Fake Invoices and GST Fraud Investigation

    Bengaluru, February 28 – The Directorate General of Goods and Services Tax Intelligence (DGGI), Belagavi Zonal Unit, has uncovered a large-scale fake Input Tax Credit (ITC) scheme involving fraudulent invoices totaling approximately ₹593 crore. The alleged mastermind has been arrested in...
  5. T

    Mastermind Arrested in Bengaluru for Fake Invoice Scheme

    Bengaluru, February 27 In a major crackdown on GST fraud, the Belagavi zonal unit of the Directorate General of GST Intelligence (DGGI) has uncovered a fake input tax credit racket worth approximately Rs 593 crore, officials said.The action followed an investigation into a suspicious GST...
  6. D

    Fino Payments Bank CEO Arrested; Bank Cooperates with Authorities

    New Delhi, February 27 Fino Payments Bank on Friday said that tax authorities have arrested its managing director and CEO, Rishi Gupta, for violating the law related to the Goods and Services Tax (GST).Following the arrest, a special board meeting was convened, during which Ketan Merchant, the...
  7. A

    Governor Emphasizes Inclusive Development Through Tax Reforms

    Shimla, February 27 Tax policy plays a crucial role in mobilizing national resources for development, welfare, and infrastructure creation. An effective tax system forms the foundation of economic justice, social inclusion, and good governance, said Governor Shiv Pratap Shukla on Friday...
  8. H

    SKM Launches Campaigns Targeting States Over Trade, GST, and Agricultural Policies

    New Delhi, February 26 The Samyukt Kisan Morcha announced on Thursday the launch of two nationwide campaigns to pressure state governments to oppose the proposed India-US trade deal, seeking the dismissal of Union Commerce Minister Piyush Goyal and pushing for amendments to the GST law to...
  9. I

    UP: Revenue Loss Due to Non-Existent Company

    Ballia (UP), February 21 The "owner" of a purportedly non-existent firm was booked here for causing a revenue loss of Rs 6.59 crore by claiming input tax credit, police said on Saturday.The FIR was filed against Akhilesh Sharma, owner of Sharma Enterprises, which was reportedly located in...
  10. S

    J&K Collects Rs 24,080 Cr in GST, Receives IGST Share

    Jammu, February 17 Jammu and Kashmir recorded a steady increase in GST collections, with total revenue amounting to Rs 24,080.79 crore over the past three financial years, reflecting improved compliance and a widening tax base, the UT government said on Tuesday.Responding to a written question...
  11. P

    Haryana Excise Inspector Dismissed Following Bribery Conviction

    Gurugram, February 16 An excise and taxation inspector, who was sentenced to five years in prison in a bribery case, has been dismissed from service, an official said on Monday.According to the official, a recommendation has been sent to the Haryana government for the dismissal of an excise...
  12. I

    Structural Reforms, Innovation, and Governance: Modi’s Vision

    New Delhi, February 15 Asserting that his government's "Reform Express" is significantly benefiting common citizens, Prime Minister Narendra Modi said on Sunday that his top three reform priorities for the next decade will be continued structural reforms, deeper innovation, and further...
  13. D

    AIIMS Researchers Highlight Key GST Reforms for Cancer Treatment

    New Delhi, February 15 Recent changes to the Goods and Services Tax (GST) framework—a simplified tax structure, the removal of taxes on drugs and medical equipment, and increased taxation on tobacco products—mark an important policy shift towards making cancer care more affordable and...
  14. A

    Union Budget 2024-25: Government Focus on Manufacturing and Inclusive Development

    Finance Minister Nirmala Sitharaman stated today that the government is working towards a resilient and self-reliant India by promoting economic growth and ensuring inclusive development. Responding to a discussion on the Union Budget in the Rajya Sabha, the Minister said that high growth has...
  15. A

    India's Economic Expansion: A Look at Tax Revenue and Middle-Class Growth

    New Delhi, Feb 12 High personal income tax collection does not necessarily mean that the middle class is being suppressed or crushed in the country, Finance Minister Nirmala Sitharaman said on Thursday in the Rajya Sabha.There is no evidence of any suppression of the middle class in the...
Back
Top