Additional levies are expected to help Centre tide over economic loss due to coronavirus lockdown, which has squeezed its income from taxes amid higher spending on welfare programmes for poor and migrants

The spike in June could partly be due to the fact that returns of the month of April, March as well as some returns of February were filed in the month of June 2020

Centre's collection trends shows that the overall GST collection in May 2020 could have been close to Rs 70,000 crore compared to Rs 1 lakh crore last year

Diesel prices on Monday were hiked by 13 paise a litre and petrol prices by 5 paise per litre. Including Monday's hike, the prices have been hiked for twenty two times in a month, amounting to about Rs 9.17 for petrol and Rs 11.14 for diesel

Gross direct tax collection fell by 31 per cent to Rs 1,37,825 crore in the first quarter of FY21 (till June 15), down from Rs 1,99,755 crore in the June 2019 quarter, says an income tax official

He raised several other issues pertaining to the goods and services tax faced by the state in the prevailing conditions arising out of the COVID-19 pandemic

Finance Minister Nirmala Sitharaman may not announce any GST rate cut as it can be a hindrance to the much-needed funds in state government's coffers, especially in the wake of coronavirus-induced lockdown

To curb the menace of cartelization and monopolistic practices, a single person or entity will be entitled to allotment of maximum 10 vends

The alcohol rates won't be at the pre-COVID-19 level as the AAP government has increased the value added tax (VAT) on all categories of liquor from 20 to 25% from June 10

The 'Atma Nirbhar' economic stimulus package, to the tune of 10% of the GDP (Rs 21 lakh crores) cushions the economy to a certain extent, but certainly there is more than can and should be done until the structural reforms are implemented

Back in May, the Delhi government has imposed a 70% corona fee on the MRP on types of liquor. By the end of May, the excise department witnessed a total sale of Rs 234 crore

The Council will also discuss ways to garner funds to compensate states for the revenue loss due to Goods and Services Tax (GST) implementation

Toyota's 6,200 employees had been working at UB City for about 14 years. It initially rented two floors of 25,000 sq ft each but has vacated one of the floors a few years ago

Gujarat Deputy Chief Minister Nitin Patel said both VAT as well as fuel prices in Gujarat are lowest in the country.

For the April-November 2019 period, the Centre had already released Rs 1,15,096 crore to compensate states and UTs on account of revenue loss due to implementation of the Goods and Services Tax

On June 1 Delhi Chief Minister Arvind Kejriwal had made an announcement to seal the national capital's border for a week.  He also sought suggestions from people by Friday (June 5) to reopen the same

Coronavirus updates:  Delhi's South-West and North districts have the highest number of containment zones at 31 each. The West district has 30 containment zones, the South-East district has 27 containment zones, and the South district has 26 zones

\"There are endless opportunities to strengthen our friendship, it also brings with it challenges to turn this potential into reality, how our relation becomes a factor of stability for the region,\" PM Modi said

The organization claimed that the high tax rate is drastically affecting the sale of alcohol in the national capital. It wants the government to bring down the cess to a 'realistic and sustainable' level

Latest job loss survey and national accounts statistics point to the need for strengthening PDS supply and cash transfers to reach more people, assisting self-employed/micro-enterprises, additional allocation for MGNREGS and a job scheme for urban areas