New Delhi: Companies offering incentives to their dealers in the form of assets, such as gold coins, may face tax uncertainties under goods and services tax (GST) following a recent ruling by the Karnataka Authority for Advance Ruling (AAR).
Read MoreNEW DELHI : The union ministry of power is likely to ask for a cut in the goods and services tax on components used in hydropower projects.
Read MoreNEW DELHI : Central and state governments collected goods and services tax (GST) revenue of ₹1.59 trillion in August, 11% more than what was collected last August but lower than the receipts collected in July, data from the finance ministry showed on Friday.
Read MoreRahul Gandhi criticizes PM Modi over Adani charges, said BJP broke India's economy with GST and demonetization. Rahul Gandhi attended the 'Rajeev Yuva Mitan Conference' in Nava Raipur along with Chief Minister Bhupesh Baghel.
Read MoreNew Delhi: The central government’s accounts for the first four months of the financial year reveal key economic trends in areas such as the corporate sector's assumptions about profitability, individuals' incomes, consumption of goods and services, a spike in global fertilizer prices and imports. The numbers also point to how the government is managing its fiscal health and the economy at a time when macroeconomic stability has become a priority for policymakers due to a mix of external and internal factors. Data from the Controller General of Accounts for July point to front-loading of expenditure so that the effect of the planned spending kicks in early in the year. Mint takes a close look
Read MoreITD Cementation India share price rallied more than 14% to hit a fresh 52-week high on Friday after the company bagged an order worth ₹3,290 crore. ITD Cementation shares jumped as much as 14.66% to a high of ₹249.40 apiece on the BSE.
Read MoreThe Goods and Services Tax (GST) revenues for August 2023 have shown a growth of 11 percent year on year due to increased compliance and less evasion, Revenue secretary Sanjay Malhotra said on Friday as reported by PTI.
Read MoreNew Delhi: The government on Friday launched a new scheme called ‘mera bill mera adhikaar’ to encourage consumers to insist on invoices at the time of purchase.
Read MoreGross GST revenue collected in August 2023 is ₹1,59,069 crore, 11% higher than last year. CGST is ₹28,328 crore, SGST is ₹35,794 crore, IGST is ₹83,251 crore, and Cess is ₹11,695 crore.
Read More'Mera Bill Mera Adhikaar' scheme to reward customers with cash prizes for uploading GST bills
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