August GST collections at ₹1.44 lakh crore, up 28% year-on-year
  • 01 Sep 2022 06:14 PM
  • New

August GST collections at ₹1.44 lakh crore, up 28% year-on-year

Source: https://www.livemint.com/economy/august-gst-collections-at-rs-1-44-lakh-crore-up-28-yearonyear-11662014192216.html

The revenues for the month of August 2022 are 28% higher than the GST revenues in the same month last year of ₹ 1,12,020 crore

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Centre, states collect over ₹1.43 trillion in GST in August
  • 01 Sep 2022 06:18 PM
  • New

Centre, states collect over ₹1.43 trillion in GST in August

Source: https://www.livemint.com/economy/centre-states-collect-over-rs-1-43-trillion-in-gst-in-august-11662018048422.html

New Delhi: Central and state governments collected over ₹1.43 trillion in Goods and Services Tax (GST) revenue in August, showing a 28% jump from a year ago. In August 2021, the GST mop-up was ₹1.12 trillion.

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Include petroleum products, electricity, real estate in GST, suggests EY
  • 31 Aug 2022 05:58 PM

Include petroleum products, electricity, real estate in GST, suggests EY

Source: https://www.livemint.com/economy/include-petroleum-products-electricity-real-estate-in-gst-suggests-ey-11661866266437.html

NEW DELHI : Inclusion of petroleum products, electricity and real estate within the ambit of Goods and Services Tax (GST) will make Indian manufacturing sector more competitive, according to a book on GST brought out by EY, which gave sector specific suggestions on indirect tax reforms.

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Indian Railways clarifies GST rules applicable on train ticket cancellation
  • 31 Aug 2022 06:03 PM

Indian Railways clarifies GST rules applicable on train ticket cancellation

Source: https://www.livemint.com/news/india/indian-railways-clarifies-gst-rules-applicable-on-train-ticket-cancellation-11661911463777.html

Indian Railways have issued a clarification on the cancellation of confirmed tickets by the passengers after reports claimed that GST would be levied on the cancellation of railway tickets by the passengers.

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GST revision can enable India achieve $5 trillion economy: EY
  • 30 Aug 2022 06:28 PM

GST revision can enable India achieve $5 trillion economy: EY

Source: https://economictimes.indiatimes.com/small-biz/gst/gst-revision-can-enable-india-achieve-5-trillion-economy-ey/articleshow/93877560.cms

The book recommends the policy measures required to reform GST hinging on revenue buoyancy, world-class dispute resolution, institutional strengthening, and enhancing the ease of doing business.

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Request to reconsider method of implementation of Punjab State Development Tax
  • 30 Aug 2022 06:34 PM

Request to reconsider method of implementation of Punjab State Development Tax

Source: https://taxguru.in/goods-and-service-tax/request-reconsider-method-implementation-punjab-state-development-tax.html

Representation with humble request to reconsider the method of implementation of Punjab State Development Tax (PSDT) in the interest of taxpayers

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Right tax structure for online gaming industry can boost domestic cos: Report
  • 27 Aug 2022 06:11 PM

Right tax structure for online gaming industry can boost domestic cos: Report

Source: https://www.livemint.com/news/india/right-tax-structure-for-online-gaming-industry-can-boost-domestic-cos-report-11661502366558.html

The proposed levy of higher goods and services tax on the online gaming industry could lead to a decline in active users and discourage domestic gaming companies, according to a report by Assocham and EY. An optimal tax structure on the industry will support animation, visual effects, gaming and comic sector vision of the government, the report added .

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India facing inflation as BJP using all money to buy MLAs: Arvind Kejriwal in Delhi Assembly
  • 27 Aug 2022 06:16 PM

India facing inflation as BJP using all money to buy MLAs: Arvind Kejriwal in Delhi Assembly

Source: https://www.livemint.com/politics/news/india-facing-inflation-as-bjp-using-all-money-to-buy-mlas-cm-arvind-kejriwal-in-delhi-assembly-special-session-11661511782480.html

NEW DELHI : AAP national convenor and Delhi chief Minister Arvind Kejriwal accused the Narendra Modi-led Bharatiya Janata Party (BJP) of trying to topple the AAP government in national capital Delhi. Calling BJP a "serial killer of governments", the Delhi CM requested a trust vote in the Assembly to ‘show people that not even one (AAP MLA) went away’.

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India's GDP will grow at 7.4% in FY 2022-23, says Nirmala Sitharaman
  • 27 Aug 2022 06:21 PM

India's GDP will grow at 7.4% in FY 2022-23, says Nirmala Sitharaman

Source: https://www.livemint.com/news/indias-gdp-will-grow-at-7-4-in-fy-2022-23-says-nirmala-sitharaman-11661517093269.html

The Finance Minister was of the opinion that since the corporate tax collection has been high, it cannot be without private investment.

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