Source: Economic Times The Finance Ministry has urged tax officials to step up their efforts to meet the revenue mop-up target of an average ₹1.15 Lakh Crore monthly GST collection […]
Source: The Hindu The central government released GST compensation of ₹35,298 Crore to states and union territories for the loss of revenue they have incurred due to the implementation of […]
Source: business-standard Businesses have sought staggered implementation of new returns under the Goods and Services Tax (GST), which are to be introduced from the start of the next fiscal. They […]
Source: Economic Times The decline in Goods and Services Tax (GST) mop-up has significantly increased the compensation that the central government pays to states for revenue loss on account of […]
Source: Livemint The Goods and Services Tax (GST) authorities have unearthed instances of under-reporting of online sales by several companies that sell goods on e-commerce platforms such as Amazon and […]
Source: hindustantimes The Central GST mop-up fell short of the budget estimate by nearly 40% during the April-November period of 2019-20. The data presented by Minister of State for Finance […]
Source: Times of India In the midst of a slowing economy, with the lowest growth of 4.5% in the second quarter in over six years, the government is working on […]
Source: Business Standard In a major relief to companies, especially multinational ones, the Central Board of Indirect and Custom (CBIC) has decided to withdraw a circular on the scope of […]
Source: Economic Times To curb tax evasion and non-filing of GST returns, the government has implemented the blocking of the e-way bill generation facility, with effect from December 2, 2019. […]