Tag: goods and services tax
GST 2.0: Is this the right time? And what kind of reforms do we need?
The tumultuous years of implementing goods and services tax (GST) in India seem to be over. This indirect and transaction based tax, implemented nationwide in…
gst: A four-member GST appellate tribunal likely in each state to streamline dispute resolution
A four-member appellate tribunal is likely to be set up in each state in order to streamline and expedite the dispute resolution process with regard…
GST mop-up rises 12% to ₹1.5 lakh crore in Feb
New Delhi: India’s goods and services tax (GST) collections rose 12% to ₹1.5 lakh crore in February from the year earlier, indicating that economic activity…
Pakistan finance bill proposes raising goods and services tax to 18%
Pakistan laid a supplementary finance bill before parliament on Wednesday, proposing to raise the goods and services tax (GST)to 18% from 17% to help raise…
gst collection: Rs 1.5 lakh crore monthly GST collection has become the new normal: CBIC chief Vivek Johri
Vivek Johri, Chairman, Central Board of Indirect Taxes and Customs (CBIC), has said that Rs 1.5 lakh crore in goods and services tax (GST) collection…
gst: India will not merge GST tax rates in 2023/24, government official says
India will not overhaul its Goods and Services Tax (GST) regime in the next fiscal year, a senior official said on Monday, delaying a move…
January GST collection at ₹1.55 lakh crore, second highest-ever
PTI | | Posted by Ritu Maria Johny The GST collection in January surged to over ₹1.55 lakh crore, the second highest-ever mop-up, the finance…
Taxman asks companies to reverse credit claimed on IPO expenses
More than 150 companies that have raised funds through initial public offering (IPO) since July 2017 are now staring at additional goods and services tax…
gst: Government collects Rs 1,47,686 cr GST revenue in September
GST collections in September rose 26 per cent to over Rs 1.47 lakh crore, the finance ministry said on Saturday. Goods and Services Tax (GST)…
GST Slab: GoM weighs scrapping 12% GST slab
A group of ministers, mandated to look at rate rationalisation by the Goods and Services Tax Council, is mulling doing away with the 12% slab…