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.
Read MoreGST collections stood at ₹1.72 lakh crore for October 2023, a jump of 11% compared to the same month last year.
Read MoreIntroduction: 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.
Read MoreIndia’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.
Read MoreNew 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.
Read MoreThe Indian stock market indices, Nifty 50 and Sensex, are likely to open higher on Thursday following strong global cues.
Read MoreSource: 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.
Read MoreGST revenue collection jumped by 13% YoY in October to ₹1.72 lakh crore. Notably, this is the highest-ever collection next to April 2023
Read MoreThe Directorate General of GST Intelligence (DGGI) is investigating the sale of Raymond's consumer goods business to a Godrej unit, The Economic Times reported quoting sources.
Read MoreThe rule takes effect from 26 October and applies to corporate guarantees between parent and subsidiaries and other related parties, the Central Board of Indirect Taxes and Customs said
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