- 01 Dec 2022 06:24 PM
- New
November GST collection up 11% YoY at ₹1.45 lakh crore
Goods and Services Tax (GST) collections for the month of November 2022 stood at ₹1,45,867 crore, according to the data shared by finance ministry on Thursday. The revenue for the month of November are 11% higher than the GST revenue in the same month last year, which itself was ₹1,31,526 crore.
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- 01 Dec 2022 06:30 PM
- New
Centre, states collect about ₹1.46 trillion in GST in November
New Delhi: Central and state governments have collected about ₹1.46 trillion in Goods and Services Tax (GST) in November, as festive demand continued to support consumption of goods and services.
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- 28 Nov 2022 06:22 PM
- New
Odisha govt. distributes ₹43 cr among dependants on Kendu leaf trade
To provide relief to people engaged in the kendu leaf trade, the Odisha government on Sunday disbursed assistance worth ₹43 crore to kendu leaf pluckers, binders, and seasonal employees.
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- 26 Nov 2022 06:06 PM
Centre releases Rs. 17,000 crore of GST compensation to States/UTs
The Central Government released an amount of Rs. 17,000 crore to States/UTs on 24.11.2022 towards the balance GST compensation for the period April to June, 2022 (State-wise details as per Table below). The total amount of compensation released to the States/UTs so far, including the aforesaid amount, during the year 2022-
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- 25 Nov 2022 06:00 PM
Competition Commission to check GST profiteering issues
NEW DELHI : With the National Anti-profiteering Authority (NAA)’s term coming to an end, anti-trust watchdog Competition Commission of India will have the mandate to monitor goods and services tax-related profiteering from 1 November, Central Board of Indirect Taxes and Customs (CBIC), said on Thursday.
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- 25 Nov 2022 06:04 PM
Centre releases ₹17,000 cr in GST compensation to states
NEW DELHI: The central government on Friday said it has released ₹17,000 crore to states and union territories towards the balance Goods and Services Tax (GST) compensation for the April-June 2022 period.
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- 24 Nov 2022 06:48 PM
'Current pace of credit growth looks sustainable if risk is well-priced'
MUMBAI : The banking sector will not find it challenging to continue growing the credit book at the current pace as long as the risk is understood and well-priced, SBI chairman Dinesh Khara said on Wednesday.
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- 24 Nov 2022 06:52 PM
Centre mandates CCI to check GST-related profiteering
The central government has given the mandate to check Goods and Services Tax (GST) related profiteering by businesses to anti-trust watchdog Competition Commission of India (CCI) from 1 November, as the term of the National Anti-profiteering Authority (NAA) comes to an end.
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- 23 Nov 2022 05:46 PM
Telcos want ₹32k cr input tax credit back
NEW DELHI : Telcos have asked the government to provide a clear definition of adjusted gross revenue based on which the industry’s levies and charges are calculated, besides seeking refund of ₹32,000 crore input tax credit on goods and service tax, as part of its key demands ahead of the Union Budget.
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- 23 Nov 2022 05:50 PM
No consensus in GoM on online gaming; panel to submit report
The ministerial panel on online gaming, casinos and race-course appointed by the Goods and Services Tax (GST) Council met on Tuesday but could not arrive at a consensus on a tax framework for these industries.
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