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Coldplay Concerts In Ahmedabad Create Economic Splash Of Rs 641 Crore: Report
The Ahmedabad concerts proved to be more than simply a musical extravaganza, drawing over 2,22,000 fans over the course of two nights
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Himachal Invokes Kyoto Protocol To Demand GST Compensation From Centre
The Himachal Pradesh government on Saturday urged the Centre to make some arrangement for hilly states in lieu of the revenue loss due to GST implementation and sought compensation on the pattern of the Kyoto protocol.
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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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"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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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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Online Games Could Soon Levy Higher GST; Government Planning to Classify Them as Games of Skills, Chance
The Finance Ministry is considering classifying online gaming into categories of skill and chance, and levying a differential rate of GST, an official said. Currently, online gaming attracts 18 percent GST. The tax is levied on gross gaming revenue, which is the fees charged by online gaming portals.
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Punjab Paid Back Electricity Subsidy For 2022-23 In Full: Chief Minister
Punjab Chief Minister Bhagwant Mann Friday said the state has cleared its entire electricity subsidy bill of Rs 20,200 crore for the last financial year and has witnessed a jump in excise and GST revenue.
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GST Council Agrees To Decriminalise Certain Offences, No New Taxes Brought
The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore, Revenue Secretary Sanjay Malhotra said.
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Coldplay Concerts In Ahmedabad Create Economic Splash Of Rs 641 Crore: Report
The Ahmedabad concerts proved to be more than simply a musical extravaganza, drawing over 2,22,000 fans over the course of two nights
-
Himachal Invokes Kyoto Protocol To Demand GST Compensation From Centre
The Himachal Pradesh government on Saturday urged the Centre to make some arrangement for hilly states in lieu of the revenue loss due to GST implementation and sought compensation on the pattern of the Kyoto protocol.
-
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.
-
"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.
-
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."
-
Online Games Could Soon Levy Higher GST; Government Planning to Classify Them as Games of Skills, Chance
The Finance Ministry is considering classifying online gaming into categories of skill and chance, and levying a differential rate of GST, an official said. Currently, online gaming attracts 18 percent GST. The tax is levied on gross gaming revenue, which is the fees charged by online gaming portals.
-
Punjab Paid Back Electricity Subsidy For 2022-23 In Full: Chief Minister
Punjab Chief Minister Bhagwant Mann Friday said the state has cleared its entire electricity subsidy bill of Rs 20,200 crore for the last financial year and has witnessed a jump in excise and GST revenue.
-
GST Council Agrees To Decriminalise Certain Offences, No New Taxes Brought
The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore, Revenue Secretary Sanjay Malhotra said.
