- 02 Nov 2022 05:56 PM
- New
Sensex fails to hold 61,000 mark as caution around Fed rate hike prevails
Benchmark share index Sensex failed to hold the 61,000 mark on Wednesday, and ended the four-day winning streak as caution prevailed ahead of the US Federal Reserve’s meeting on interest rates. The 30-share index lost 0.35% to close at 60,906.09. The 50-share Nifty also gave up 0.34% to end at 18,082.85..
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- 02 Nov 2022 06:01 PM
- New
₹1,51,718 crore gross GST revenue collected for October 2022
The gross GST revenue collected in the month of October 2022 is ₹ 1,51,718 crore of which CGST is ₹ 26,039 crore, SGST is ₹ 33,396 crore, IGST is ₹ 81,778 crore (including ₹ 37,297 crore collected on import of goods) and Cess is ₹ 10,505 crore (including ₹ 825 crore collected on import of goods), which is second highest till date.
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- 01 Nov 2022 05:42 PM
- New
GST collections in October cross ₹1.5 lakh crore, second highest ever
The gross GST revenue collected in the month of October 2022 was at ₹1,51,718 crore, the second highest monthly collection ever, the ministry of finance said today. The revenue for October 2022 is second highest monthly collection, next only to the collection in April 2022 and it is for the second time the gross GST collection has crossed Rs. 1.50 lakh crore mark.
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- 01 Nov 2022 05:49 PM
October GST receipts at second highest level since rollout
New Delhi: Central and state governments have collected close to ₹1.52 trillion in Goods and Services Tax revenue (GST) in October, the second highest monthly collections after record mop-up was seen in April this year, said an official statement. GST collections had hit nearly ₹1.68 trillion in April following a spike in year end sales in March.
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- 31 Oct 2022 05:20 PM
Merger of anti-profiteering body with CCI faces hurdles
NEW DELHI : The government’s idea of merging the National Anti-profiteering Authority (NAA), which penalizes businesses for goods and services tax (GST)-related profiteering, with the anti-trust regulator Competition Commission of India (CCI) has run up against a host of administrative challenges, including the short span of about a month left before the expiry of the NAA’s term.
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- 31 Oct 2022 05:24 PM
Re-focus efforts on revenue mobilization: CBIC to officials
NEW DELHI: Central Board of Indirect Taxes and Customs (CBIC) expects officials to pay special attention to key areas of work—improving tax compliance and revenue augmentation—in the second half of the financial year, according to an official update.
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- 31 Oct 2022 05:28 PM
DGGI promises monetary reward to informers aiding in tax recovery
NEW DELHI: The Directorate General of GST Intelligence (DGGI) has promised rewards to those who share information which leads to recovery of taxes, as per a message from the probe agency.
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- 31 Oct 2022 05:32 PM
Practical Guide To GSTR -9/9C – Live Session
Source: https://taxguru.in/goods-and-service-tax/practical-guide-gstr-9-9c-live-session.html
This Session Covers Practical Aspects of Annual Returns and Annual Reconciliation under GST from Basic to Advanced level covering all the Relevant Rules.
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- 21 Oct 2022 05:52 PM
Slow GST portal: CBIC mulls extending Sept returns filing due date
The Central Board of Indirect Taxes and Customs on Thursday said it is examining the proposal of extending the deadline for filing GST returns for September as taxpayers are facing slow functioning of the GSTN portal
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- 20 Oct 2022 06:14 PM
GST Council to meet before mid-November, tax on casino, online gaming on agenda
GST Council is likely to meet in the first half of November to discuss the reports of the panel of ministers on setting up GST appellate tribunal and levy of tax casinos and online gaming, an official said.
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