News

Home News

Can govt make up for shortfall in GST revenue collections?

Meeting the budgeted fiscal deficit target for the year looks difficult, especially in light of unimpressive revenue collections from the goods and services tax...

Revenue department plans linking e-way bill with FASTag, logistics data bank to check GST...

The revenue department is planning to integrate e-way bill with NHAI's FASTag mechanism and DMICDC's Logistics Data Bank (LDB) services, to facilitate faster movement...

Action on state’s ‘GST cess’ proposal likely to be delayed

The state’s proposal to levy a disaster cess on the Goods and Services Tax (GST) is likely to get delayed. The GST Council had...

Your sugar may soon taste bitter, new cess may push prices up

Love sugar? Be prepared: Its taste may turn out to be slightly bitter soon. The central government is mulling over a proposal to introduce...

Over 2 lakh assessees who migrated from VAT regime opt out of GST net

Over 2 lakh assessees have opted out of the Goods and Services Tax (GST) registration as their turnover is below the prescribed threshold. This...

GST compensation paid to states declines to Rs 11,900 crore in Aug-Sept

GST compensation paid to states by the Centre has declined to over Rs 11,900 crore during August-September, an official said. The bi-monthly GST compensation paid...

FinMin asks foreign missions, UN bodies to correctly state place of supply in GST...

The finance ministry Friday asked foreign diplomatic missions or UN organisations to correctly mention the 'place of supply' of services in their GST return...

Small Businesses’ Grievances On GST To Be Monitored Daily

The Central Board of Indirect Taxes and Customs will daily monitor the grievances of the Ministry of Micro, Small and Medium Enterprises relating to...

How GST and demonetisation impacted govt finances

Widening the tax base and collecting more taxes has been a priority for the current government at the centre. This government’s two major economic...

GST collections cross Rs 1 lakh crore in October

GST collections in October crossed the Rs 1 lakh crore mark, after a gap of 5 months, on the back of festive demand, anti-evasion...

LATEST NEWS

KNOWLEDGE BASE