GST collections for July remained above ₹1.4 lakh crore for the fifth straight month. Gross GST revenue collected in the month of July 2022 at ₹1,48,995 crore, which was the second highest collection ever since the introduction of the Goods and Services Tax. The July revenue figure is 28% higher than the revenues in the same month last year of ₹1,16,393 crore, as per the data by the government released on Monday.
Read MoreThe market value of the Indian skill gaming sector is around Rs 79 billion in the financial year (FY) 2021-22 and may reach Rs 150 billion in FY 2023-24.
Read MoreGovernment of India Ministry of Finance Department of Revenue LOK SABHA UN-STARRED QUESTION NO. 77 TO BE ANSWERED ON MONDAY, JULY 18, 2022 Ashadha 27, 1944 (Saka) GOLD SMUGGLING AND TAX EVASION CASES
Read MoreSource: https://taxguru.in/goods-and-service-tax/plan-reduce-gst-educational-material-pencil-eraser-pen.html
No plan to reduce GST on educational material like pencil, eraser, pen, notebooks etc;
Read MoreGOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION NO.1190 TO BE ANSWERED ON MONDAY, JULY 25TH 2022
Read MoreGOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION NO.1209 TO BE ANSWERED ON MONDAY, JULY 25TH 2022
Read MoreSource: 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
Read MoreSource: 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
Read MoreNEW 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.
Read MoreIndia’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