- 01 May 2024 06:04 PM
- New
GST collection hits record ₹2.10 trillion in April
New Delhi: India's goods and services tax (GST) collection touched a record ₹2.10 trillion in April, reflecting robust economic growth, rising formalization and greater efficiency in tax collection.
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- 01 May 2024 05:55 PM
- New
Services soar in new company registrations in FY24
NEW DELHI : Services sector raced ahead in company registrations in the just-ended financial year, reflecting the rapid formalization of a segment with few entry barriers. While services accounted for 71% of the 185,300-plus new companies registered in FY24, industry made up less than a fourth, while the farm sector accounted for about 6%.
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- 29 Apr 2024 06:22 PM
- New
In 10 charts: Where the Modi government's biggest bets of each year stand today
During its decade in power, the National Democratic Alliance (NDA) government has had its share of glides and stumbles in implementing its reforms agenda. How close did it come to delivering on the promise of “achhe din" (good days) through its various policies?
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- 29 Apr 2024 06:25 PM
CBIC develops common bank audit plan for central, state GST office
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has brought out common norms for central and state level Goods and Services Tax (GST) officials to audit banks, CBIC chairperson Sanjay Kumar Agarwal told field officers.
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- 26 Apr 2024 05:45 PM
Boost Your Business Growth with Bajaj Finserv Business Loan and GST Registration
In today's competitive business landscape, access to timely financing and navigating the intricate landscape of tax management is a perpetual challenge for business owners. From meticulously tracking expenses to ensuring compliance with regulatory requirements, the burden of financial management can often feel overwhelming.
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- 25 Apr 2024 06:07 PM
Lok Sabha Elections 2024: ‘Do not get carried away…’ Kharge writes to PM Modi amid Mangalsutra remark row
Lok Sabha Elections: All India Congress Committee chief Mallikarjun Kharge has written a letter to Prime Minister and Bharatiya Janata Party (BJP) leader Narendra Modi, accusing him of ‘quoting words out of context to create communal divide’.
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- 24 Apr 2024 06:52 PM
GST Council Newsletter For March 2024
Source: https://taxguru.in/goods-and-service-tax/gst-council-newsletter-march-2024.html
Second highest monthly Gross GST Revenue collection in March at ₹1.78 lakh crore; Records 11.5% y-o-y growth (18.4% on net basis)
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- 24 Apr 2024 06:46 PM
Hybrid cars must haul the cess load for longer
NEW DELHI : Hybrid cars in India may remain pricey for a while, with a top panel tasked to review taxes on them yet to formally meet even once, in the backdrop of a divided auto industry. Besides, any change in automobile taxes is unlikely without a comprehensive overhaul in the GST framework, two people aware of the development said.
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- 23 Apr 2024 06:56 PM
Mint Explainer: Why India's push for global trade payments in rupees has had limited success
New Delhi: The government's steps to boost the Indian rupee's use in cross-border payments have found limited success so far. It has encouraged large oil exporters to accept the rupee to settle trades, while the Reserve Bank of India (RBI) has allowed banks from 18 countries to open Special Vostro Rupee Accounts (SVRAs) to settle payments in Indian rupees.
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- 22 Apr 2024 06:21 PM
India’s direct tax ramp-up is showing the way
Data released on Sunday showed that its net direct tax collections in 2023-24 hit ₹19.58 trillion, up 17.7% from 2022-23. This could be good news on two counts.
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