Tag: finance ministry
Posted in GST
GST Rate Revised: List of goods that will increase in price
Consumers may have to fork over more money starting on July 18 as a result of the GST Council’s approval of a rate increase to…
Nirmala Sitharaman’s recent statement on India’s ban on cryptocurrency: Accordant to the FM, RBI wants to restrict cryptocurrency
The Reserve Bank of India is in favour of outlawing cryptocurrencies in India, but Finance Minister Nirmala Sitharaman argues that for the law to be…
Posted in Excise
ATF used on overseas flights by Indian carriers is exempt from excise charge
July 10, 2022 Leave a Comment on ATF used on overseas flights by Indian carriers is exempt from excise charge
On Friday, the government waived the 11% excise tax on aviation turbine fuel (ATF) purchased from oil marketing firms by domestic airlines operating overseas flights….
Posted in GST
June GST Collection: GST collection surges by 56% YoY to Rs 1,44,616 crore in June
July 1, 2022 Leave a Comment on June GST Collection: GST collection surges by 56% YoY to Rs 1,44,616 crore in June
The Goods and Services Tax (GST) revenue for the month of June surged by 56% on an annual basis to nearly Rs 1.45 lakh crore…