- 08 Nov 2023 06:19 PM
- New
Union Finance Minister Launches 12 GST Seva Kendras in Gujarat
Source: https://taxguru.in/goods-and-service-tax/union-finance-minister-12-gst-seva-kendras-gujarat.html
Introduction: Union Finance Minister Smt. Nirmala Sitharaman recently launched 12 Goods and Services Tax (GST) Seva Kendras in Vapi, Gujarat, as part of the “Mera Bill Mera Adhikaar” campaign. This article delves into the significance of this event and the impact it has on both the local and national economy.
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- 08 Nov 2023 06:01 PM
- New
DGGI Meerut Busts Rs. 1,481 Crore Fake Invoice Syndicate
Source: https://taxguru.in/goods-and-service-tax/dggi-meerut-fake-invoice-syndicate-bust.html
Introduction: In a significant achievement, the Directorate General of Goods and Services Tax Intelligence (DGGI), Meerut Zonal Unit, has taken down a major fake invoicing syndicate that operated with a staggering turnover of Rs. 1,481 crore. This operation has resulted in the uncovering of fraudulent Input Tax Credit worth Rs. 275 crore, facilitated through 102 fake entities to more than 1,000 beneficiary companies. This article delves into the intricacies of the operation, its implications, and the subsequent arrests.
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- 07 Nov 2023 05:41 PM
- New
Punjab cabinet gives nod for settlement of pre-GST arrears, religious tours scheme
Chandigarh: Punjab cabinet led by Chief Minister Bhagwant Mann on Monday approved the One Time Settlement scheme that will set the pre-GST arrears of the traders.
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- 06 Nov 2023 05:54 PM
Biometric Aadhaar Verification for GST Registration – Gujarat & Puducherry
The Goods and Services Tax Network (GSTN) has introduced a new biometric-based Aadhaar authentication and document verification process for GST registration applicants in Gujarat and Puducherry. This initiative aims to streamline the registration process and enhance security. This article will provide a detailed analysis of the advisory for the pilot project.
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- 04 Nov 2023 05:39 PM
Weekend Wrap: From Blue Jet Healthcare listing to Honasa IPO, top news and market movers this week - 03 November, 2023
GST collections stood at ₹1.72 lakh crore for October 2023, a jump of 11% compared to the same month last year.
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- 02 Nov 2023 05:59 PM
6 things that changed for the stock market overnight - Gift Nifty to US Fed policy outcome
The Indian stock market indices, Nifty 50 and Sensex, are likely to open higher on Thursday following strong global cues.
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- 02 Nov 2023 06:02 PM
Real money gamers to play less following new GST, TDS rules, says report
New Delhi: An estimated 60% of of real money gamers in India have said they would likely play less following the government decision to impose a 28% goods and services tax (GST) on online gaming.
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- 02 Nov 2023 05:52 PM
GST Oct haul 2nd highest at ₹1.72 tn
Source: https://www.livemint.com/news/india/gst-oct-haul-2nd-highest-at-1-72-tn-11698862687756.html
New Delhi: Central and state governments collected ₹1.72 trillion in Goods and Services Tax (GST) in October, a 13% increase from a year earlier, marking the second-highest monthly haul since the new tax regime debuted in 2017.
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- 02 Nov 2023 06:06 PM
Are Indian GST revenues really as buoyant as they appear to be?
India’s gross goods and services tax (GGST) revenue hit ₹1.72 trillion in October, the second-highest since the rollout of this indirect tax regime. The average monthly GGST collection during the first half of 2023-24 has been ₹1.65 trillion, which has become a new benchmark. This monthly revenue figure has been tracked in recent years as an indicator of economic growth.
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- 02 Nov 2023 06:13 PM
October 2023 GST Revenue Hits Second-Highest Mark, Surges 13%
Introduction: The Ministry of Finance has released its report on GST revenue collection for October 2023, showcasing impressive growth compared to the previous year. This detailed analysis delves into the numbers, highlighting key insights and state-wise figures.
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