01 Aug 2022 12:56 PM
New

No recommendation to reduce GST on health care insurance policies

Source: https://taxguru.in/goods-and-service-tax/recommendation-reduce-gst-health-care-insurance-policies.html

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION NO.1190 TO BE ANSWERED ON MONDAY, JULY 25TH 2022

01 Aug 2022 01:00 PM
New

GST on pre-packaged & labelled food items applies to curd, buttermilk etc.

Source: https://taxguru.in/goods-and-service-tax/gst-pre-packaged-labelled-food-items-applies-curd-buttermilk.html

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION NO.1209 TO BE ANSWERED ON MONDAY, JULY 25TH 2022

01 Aug 2022 01:06 PM
New

GST on Milk and Milk Products

Source: https://taxguru.in/goods-and-service-tax/gst-milk-milk-products.html

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA STARRED QUESTION NO. *111 TO BE ANSWERED ON MONDAY JULY 25TH 2022

01 Aug 2022 01:10 PM

Impact of GST on Agricultural/ Cloth/ Footwear Items

Source: https://taxguru.in/goods-and-service-tax/impact-gst-agricultural-cloth-footwear-items.html

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION NO. 1349 TO BE ANSWERED ON MONDAY, JULY 25TH 2022

01 Aug 2022 01:17 PM

GST July collections at ₹1.49 trillion, second highest ever

Source: https://www.livemint.com/economy/gst-july-collections-at-rs-1-49-trillion-second-highest-ever-11659338286695.html

NEW DELHI : Central and state governments collected ₹1.49 trillion in Goods and Services Tax (GST) in July, the second-highest mop-up since the rollout of the indirect tax regime five years ago in July 2017.

01 Aug 2022 01:38 PM

Mint Mid-Day Digest: Manufacturing PMI soars, GST revenue at ₹1.49 lakh crore

Source: https://www.livemint.com/news/india/mint-morning-digest-hdfc-bank-to-raise-rs-2-7-trillion-repo-rate-may-go-up-11659320867321.html

India’s manufacturing PMI hits 8-month high in July
India’s manufacturing activity grew at its fastest pace in eight months in July, driven by better demand conditions and a pick-up in sales, showed a private survey on Monday. Read more

01 Aug 2022 04:18 PM

₹1,48,995 crore gross GST revenue collected in the month of July 2022

Source: https://taxguru.in/goods-and-service-tax/%e2%82%b9148995-crore-gross-gst-revenue-collected-month-july-2022.html

GST Revenue collection for July second highest ever & 28% higher than the revenues in the same month last year

30 Jul 2022 03:12 PM

Fiscal deficit widens to 21% in Q1; core sector growth slows

Source: https://www.livemint.com/economy/fiscal-deficit-widens-to-21-of-budget-target-for-fy23-in-q1-11659102815075.html

India’s fiscal deficit widened to touch 21% of the budget target for the fiscal year in the first quarter of 2022-23 after capital expenditure increased sharply but overall revenue recorded only a moderate rise.

30 Jul 2022 03:18 PM

Price rise debate in Lok Sabha likely on Monday amid Opposition protests

Source: https://www.livemint.com/news/india/price-rise-debate-in-lok-sabha-likely-on-monday-amid-opposition-protests-11659109973553.html

NEW DELHI : The Lok Sabha had been marred with several adjournments since it commenced the monsoon session on 18 July. Opposition MPs were suspended after they protested about the price rise in the nation. The suspended MPs since then has been on a 50 hour day night protest in front of the Mahatma Gandhi statue to open dialogue on the issue of price rise in India.

30 Jul 2022 03:22 PM

No new tax or VAT increase in Uttar Pradesh: CM Yogi Adityanath

Source: https://www.livemint.com/news/no-new-tax-or-vat-increase-in-uttar-pradesh-cm-yogi-adityanath-11659141161081.html

Uttar Pradesh Chief Minister Yogi Adityanath said that keeping in mind the larger public interest, the Uttar Pradesh government has neither increased the VAT and nor has imposed any new tax in the state.