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Total 833 results found. Search for [ GST collection ]

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BusinessToday.In
August 5, 2020
Coronavirus impact: The department added that the top 12 growth-driving states have accounted for 85 per cent of the case load, with 40 per cent concentrated in top two growth-drivers, Maharashtra and Tamil Nadu


Nirbhay Kumar
August 3, 2020
MSMEs body says the industry is not back on its feet yet and needs more support from the regulator to overcome the current crisis


PTI
August 2, 2020
According to Commercial Tax and GST Commissioner SK Lohani, the positive growth rate in July was achieved primarily due to regular persuasion and continuous monitoring by the field officers of the commercial tax organisation


BusinessToday.In
August 1, 2020
Of the Rs 87,422 crore, Rs 16,147 crore was collected as CGST, Rs 21,418 crore as SGST, Rs 42,592 crore (including Rs 20,324 crore collected on import of goods) as IGST and Rs 7,265 crore (including Rs 807 crore collected on import of goods) as Compensation Cess


Rahul Shrivastava
July 30, 2020
The Finance Secretary, sources said, retorted that the GST Act was built with provisions to rework the formula for compensation to states if the revenue collection dropped below a certain level


Nirbhay Kumar
July 28, 2020
Punjab is among the most indebted states with debt to gross state domestic product (GSDP) ratio in FY20 being nearly 40%. The outstanding debt of the state is projected to be Rs 2,48,236 crore in 2020-21(BE) which is 38.53% of GSDP


Dipak Mondal
July 27, 2020
According to Finance Ministry sources, the central government started realising sometime in August 2019 the impending precarious position in paying GST compensation to the states and UTs


PTI
July 24, 2020
The Central Board of Direct Taxes, which frames policy for the I-T Department, said in a July 21 order that information like a permanent account number (PAN), Tax Deduction and Collection Account Number (TAN), bank account details, a summary of IT Returns and tax deducted at source (TDS)


PTI
July 18, 2020
The Central Board of Direct Taxes (CBDT) said that data analysis has identified certain taxpayers with high value transactions who have not filed returns for AY2019-20 (relevant to FY2018-19)


Dipak Mondal
July 8, 2020
The GST intelligence unit has said that some of the sugar mills and distilleries are engaged in manufacturing and supplying alcohol-based hand sanitisers and are misclassifying them as items under HSN Code 3004, which are taxed at 12 per cent under GST


PTI
July 8, 2020
Kant further said the pandemic is a massive challenge not merely for India but for the whole world, including the US and European countries


Anand Adhikari
New Delhi, July 8, 2020
The financial services sector is witnessing the adoption of new technologies and business model changes, albeit in different and innovative ways


Dipak Mondal
July 1, 2020
Although marginal, India's current account balance seems like a positive news. But economists attribute it to lower domestic demand, \"which definitely is not a good thing\"


BusinessToday.In
New Delhi, July 1, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


PTI
July 1, 2020
In a message to tax officers on the third anniversary of Goods and Services Tax (GST), Sitharaman also said there is scope for easing compliance further for taxpayers, especially MSMEs


BusinessToday.In
July 1, 2020
According to the Delhi government's health department data, more than 75 per cent of the total coronavirus cases in the national capital were reported in June. As many as 66,526 fresh coronavirus cases were reported from June 1 to June 30


BusinessToday.In
New Delhi, July 1, 2020
Airtel sells 25% stake in data centre business to US-based Carlyle for Rs 1,780 croreUS-based private equity firm, Carlyle Group announced on Wednesday that it will buy a 25% stake in Bharti Airtel's data centre business, Nxtra Data for $235 million (around Rs 1,780 crore). Airtel will continue to hold the remaining 75% stake in the business. Nxtra will use the proceeds from the stake sale to scale up its infrastructure across the country.Govt orders internet service providers to bl...


Dipak Mondal
July 1, 2020
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


Dipak Mondal
June 30, 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


Dipak Mondal
New Delhi, June 18, 2020
Petrol prices have gone up by Rs 6.55 and diesel prices by Rs 7.04 (prices in New Delhi) since 7 June. Large part of fuel prices in India constitute excise duty imposed by the government


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