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Windfall tax on crude petroleum hiked
New Delhi: The government has hiked windfall tax on domestically produced crude oil to Rs4,600 per tonne from Rs3,300 per tonne with effect from...
GST collections jump 15% to Rs 1.68 lakh cr
New Delhi: GST collections jumped 15 per cent to nearly Rs 1.68 lakh crore in November, the finance ministry said on Friday.Goods and Services Tax...
GST mop-up rises 2.2% to `1.63 trn in September
It’s is for 4th time that gross GST collection crossed Rs1.60 lakh cr mark in FY24
Higher GST booty reflects increase in economic activities and a...
Our overall outlook for the Indian economy remains positive: We expect investments to see a turnaround and thrust the economy into sustainable growth....
CGST Mumbai busts fraudulent ITC availment of Rs 15 cr
Mumbai, May 13 Central Goods and Services Tax (CGST) Commissionerate of Mumbai Zone have busted a fake GST Input Tax Credit (ITC) racket and...
CGST officials bust syndicate of firms involved in tax evasion of Rs...
CGST Delhi East Commissionerate officials have busted a syndicate of seven firms which were engaged in GST evasion of more than Rs 85 crore.
Fake GST Input Tax Credit (ITC) racket busted, one held
The Mumbai Central CGST Commissionerate has busted a fake GST Input Tax Credit (ITC) racket involving bogus bills of Rs 234 crore and fake ITC of Rs...
Food aggregators Zomato, Swiggy to collect 5% GST from Jan 1
Starting from January 1 2022, food aggregators Swiggy and Zomato will have to collect and deposit Goods and Services tax (GST) at 5 per cent rate.