- 19 Sep 2022 05:32 PM
- New
GST on crypto transactions in the works
BENGALURU, NEW DELHI : The government has started work on a comprehensive indirect tax regime for crypto assets that would check any revenue loss to the exchequer due to the ambiguity around the true nature of these assets.
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- 19 Sep 2022 05:41 PM
- New
GST Council Newsletter for the month of August, 2022
Source: https://taxguru.in/goods-and-service-tax/gst-council-newsletter-month-august-2022.html
The gross GST revenue collected in the month of August, 2022 is ₹1,43,612 crore of which CGST is ₹24,710 crore, SGST is ₹30,951 crore, IGST is ₹77,782 crore (including ₹ 42,067 crore collected on import of goods) and cess is ₹10,168 crore (including ₹ 1,018 crore collected on import of goods).
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- 19 Sep 2022 05:49 PM
- New
Better utilize AI, data-analytics & other technologies to identify tax evasion
We need to better utilize AI, data-analytics, IoT and other technologies to identify fraudulent practices, such as detection of tax evasion and better train officials on these aspects : Nirmala Sitharaman
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- 16 Sep 2022 05:41 PM
GST collection likely to cross ₹1.5 lakh crore from October: Revenue Secretary
The Goods and Services Tax (GST) collection may top ₹1.5 lakh crore from October, Revenue Secretary Tarun Bajaj said on 14 September.
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- 16 Sep 2022 05:46 PM
CBIC develops system for online monitoring of GST audits
The tax authority’s online monitoring of audits assumes significance given that it is keen to ensure there is no revenue leakage while ensuring that the audit process does not become burdensome on tax payers
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- 16 Sep 2022 05:50 PM
Focus on quality, not cost: Nitin Gadkari tells auto makers
While speaking at the 62nd annual session of the Society of Indian Automobile Manufacturers (SIAM), Union Minister of Road Transport and Highways, Nitin Gadkari on Thursday asked automobile manufacturers to focus on quality over cost.
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- 16 Sep 2022 05:53 PM
Reforms of 1991 were incomplete, says Nirmala Sitharaman
NEW DELHI : Finance minister Nirmala Sitharaman on Thursday said that India could have become the fifth biggest economy in the world earlier itself, but for the philosophy of socialism which relied on centralised planning.
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- 16 Sep 2022 05:58 PM
Capex by state governments picks up pace in July, says Care Ratings
MUMBAI: Capital spending by 21 states picked up pace in July, although their combined expenditure in the April-July period was marginally lower year-on-year, Care Ratings said in a report.
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- 16 Sep 2022 06:01 PM
Gadkari asks OEMs to offer discounts to incentivise scrapping, bats for GST concession
NEW DELHI: Union Minister for Road Transport & Highways Nitin Gadkari has urged automobile manufacturers to offer discounts to people for new purchases of vehicles against scrapping of old ones.
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- 14 Sep 2022 05:32 PM
Delhi's GST collection sees incremental growth in first quarter of FY 22-23
The GST collection of Delhi government has seen an incremental rise in the first quarter of the financial year 2022-23.
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