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Power under GST law to order provisional attachment ‘draconian’: SC

New Delhi, April 20 | The Supreme Court on Tuesday said the rule of law in a constitutional framework is fulfilled when law is...

GST recovery, petro taxes help Centre improve tax collections

New Delhi, April 13 | Good news is flowing for the government on the tax front with net indirect tax collections (GST & non-GST)...

Exempt Covid drugs from GST, transfer Rs 6K to eligible: Sonia

New Delhi, April 13 | Congress interim president Sonia Gandhi has written a letter to the Prime Minister and asked him to exempt the...

GST should be citizen-friendly, provisional attachment draconian: SC

New Delhi, April 7 | The Supreme Court on Wednesday said the taxman cannot see all businesses as fraudulent, as it made sharp observations...

Govt allows further operational flexibility to GST filers

New Delhi, April 3 | The government has allowed further flexibility to tax filers operating under the Quarterly Return Filing and Monthly Payment of...

GST rate revision likely to be deferred, natural gas may come...

New Delhi, April 2 | GST rates are unlikely to witness any major changes during the extended run of the pandemic as the Centre...

March GST collection surges to over Rs 1.23 lakh cr (Lead)

New Delhi, April 1 | India's gross GST revenue collection reached a new record high of over Rs 1.23 lakh crore in March 2021.The...

March GST collection surges to over Rs 1.23 lakh Cr

New Delhi, April 1 | India's gross GST revenue collection reached a new record high of over Rs 1.23 lakh crore in March 2021.Accordingly,...

Centre releases Rs 30,000 cr GST compensation to states

New Delhi, March 30 | The Centre on Tuesday said it has released GST compensation amounting to Rs 30,000 crore to states.The funds were...

GST superintendent in Karnataka held for graft

Bengaluru, March 30 | The Central Bureau of Investigation (CBI) arrested a Superintendent of Central Excise and Central Tax (GST) Honnavar Range, Uttara Kannada...

Stock brokers not to pay GST on delayed payment charges from...

New Delhi, March 25 | In what may give a fillip to stock broking activity, an appellate authority has exempted stock brokers buying or...

Why can’t petrol, diesel be brought under GST: Sushil Modi explains...

New Delhi, 24 March | While debating the Finance Bill 2021 in the Rajya Sabha on Wednesday, Bharatiya Janata Party (BJP) MP Sushil Modi...

Revenue Dept says no instruction to officials to collect GST in...

New Delhi, March 20 | The Finance Ministry on Saturday said it has not issued any instructions to officials to ask taxpayers to pay...

Monthly GST payments on PayMate may double by FY22-end

New Delhi, March 10 | B2B payments platform PayMate expects monthly GST payments on its platform to nearly double by the end of FY22.In...

Fake GST fraud: 357 arrested so far, including 12 CAs

New Delhi, March 9 | The Directorate General of GST Intelligence (DGGI) and the CGST Commissionerates have so far arrested 357 persons, including 12...

Rs 1.06L Cr GST compensation shortfall released to states

New Delhi, March 9 | Finance Ministry has released the 19th weekly instalment of Rs 2,104 crore to the states to meet the GST...

Petrol at Rs 75 and diesel Rs 68 a litre in...

New Delhi, March 4 | Consumers can be spared from a rally in retail prices of petrol and diesel if the two auto fuels...

GST compensation shortfall released to states reaches Rs 1.04L cr

New Delhi, March 1 | Finance Ministry has released the 18th weekly instalment of Rs 4,000 crore to the states to meet the GST...

February GST collection stands at Rs 1.13 lakh Cr

New Delhi, March 1 | The gross GST revenue collected in February 2021 increased 7 per cent on a year-on-year basis to over Rs...

Governor: Rs 29,290 crore Centre’s GST dues to Maha unpaid

Mumbai, March 1 | Maharashtra Governor Bhagat Singh Koshyari on Monday said that a huge amount of Rs 29,290 crore in GST compensation...

Deadline for filing GST returns extended till March 31

New Delhi, Feb 28 | Centre has extended the deadline for filing annual GST returns for the financial year 2019-20 till March 31.Earlier the...

CAIT to launch natiowide movement over GST

New Delhi, Feb 28 | Days after a traders' strike under its aegis, the Confederation of All India Traders (CAIT) on Sunday said that...

Fake GST Frauds: 12 persons including CA held in 1 day,...

New Delhi, Feb. Feb 23 | The Directorate General of GST Intelligence (DGGI) and CGST Commissionerates on Tuesday arrested 12 persons including a...

Pandemic disruptions may delay GST rates revision in 2022 too

New Delhi, Feb 22 | GST rates in the country are unlikely to witness any change during the extended run of the pandemic as...

GST compensation shortfall released to states touches Rs 1L Cr

New Delhi, Feb 20 | The Finance Ministry had released the 17th weekly instalment of Rs 5,000 crore to the states to meet the...

Rs 5,000 cr more sent to states for meeting GST compensation...

New Delhi, Feb 15 | The Ministry of Finance on Monday released the 16th weekly instalment of Rs 5,000 crore to the states to...

Traders’ body to release white paper on state of GST regime

New Delhi, Feb 14 | The Confederation of All India Traders (CAIT) on Sunday said that it will soon release a white paper on...

Govt to consider bringing down GST on pesticides to 5%

New Delhi, Feb 12 | As part of efforts to bring parity in taxation on agro-inputs, the Department of Chemical and Petrochemicals has approached...

Rs 6K cr given to states to meet GST compensation shortfall

New Delhi, Feb 3 | Finance Ministry has released the 14th weekly instalment of Rs 6,000 crore to the states on Wednesday to meet...

GST fraud of Rs 940 cr busted, 340 bogus firms under...

New Delhi, Feb 1 | With the arrest of six persons, including the kingpin, Delhi Police's Cyber Crime Unit (CyPAD) has busted a GST...

January GST collection at nearly Rs 1.2 lakh cr

New Delhi, Jan 31 | The gross GST revenue collected in January 2021 reached a record level of Rs 1,19,847 crore.Out of the total...

Health insurers seek higher tax deductions, lower GST on policies

New Delhi, Jan 28 | The health insurance sector has sought favourable tax treatment from the government to help penetrate this important security to...

13th Instalment of Rs 6K cr released to States to meet...

New Delhi, Jan. Jan 25 | The Ministry of Finance has released the 13th weekly instalment of Rs 6,000 crore to the states on...

Mobile industry raises demand for GST rate cut in Budget

New Delhi, Jan 23 | Industry body India Cellular and Electronics Association (ICEA) has renewed its demand for reducing Goods and Services Tax (GST)...

Companies have to pay GST on remuneration of Independent Directors

New Delhi, Jan 21 | A company is liable to pay Goods and Services Tax (GST) on remunerations paid to Independent Directors on a...

12th instalment of Rs 6K cr released to states to meet...

New Delhi, Jan 18 | The Finance Ministry on Monday released the 12th weekly instalment of Rs 6,000 crore to the states to meet...

Haryana Police arrest 89, recover Rs 112 cr in GST fraud

Chandigarh, Jan 17 | In a well-coordinated operation against Goods and Services Tax (GST) scamsters, Haryana Police on Sunday said it busted four major...

Mumbai businessman nabbed for Rs 31 cr GST fraud

Mumbai, Jan 15 | In another crackdown, Maharashtra Goods and Services Tax (GST) sleuths arrested a businessmen in connection with an alleged Rs 31...

Maha stops automatic adoption of Centre’s GST circulars

New Delhi, Jan 13 | In a clear case of defiance of the Centre's authority on GST matters, the Maharashtra government has decided that...

11th instalment of Rs 6K cr for GST compensation shortfall released

New Delhi, Jan 11 | The Union Finance Ministry has released the 11th weekly instalment of Rs 6,000 crore to the states to meet...

Early inclusion of natural gas into GST fold likely

By Subhash NarayanNew Delhi, Jan 6 | With states coming on board over GST compensation issue, the Centre is gearing up to get their...

Odisha records 20% growth in GST collection

Bhubaneswar, Jan 2 | Odisha has recorded a growth of 20 per cent in gross Goods and Services Tax (GST) collection during December 2020...

Fake GST invoicing racket busted in Odisha

Cuttack, Jan 1 | The Odisha Goods and Services Tax (GST) Enforcement Wing has cracked a fake invoicing racket which created fake GST invoices...

ICEA urges for GST and import duty cuts, PLI for laptops

New Delhi, Dec 31 | The India Cellular and Electronics Association (ICEA) has urged the central government to reduce import duty and Goods and...

Deadlines for IT, GST return filing extended (Lead)

New Delhi, Dec 30 | The Centre on Wednesday extended the deadlines for filing Income Tax and GST returns for assessment year 2020-21.According to...

Maharashtra businessman held in Rs 185 cr GST scam probe

Mumbai, Dec 30 | The Maharashtra Goods and Services Tax Department (GST), which exposed a massive tax evasion racket in November, has made its...

3 GST officials in Odisha arrested by CBI for accepting bribe

Bhubaneswar, Dec 29 | The Central Bureau of Investigation (CBI) on Tuesday arrested three senior GST officials while accepting Rs 10 bribe for settling...

Centre releases Rs 6K cr loan to states to meet GST...

New Delhi, Dec 28 | The Finance Ministry has released the ninth weekly instalment of Rs 6,000 crore to the states to meet the...

Payment of 1% GST in cash only for entities having an...

By Subhash NarayanNew Delhi, Dec 27 | The government's decision on mandatory payment of at least 1 per cent of GST tax liability in...

Payment of 1% GST in cash only for 45,000 taxpayers: DoR...

New Delhi, Dec 26 | The government's decision on mandatory payment of at least 1 per cent of GST tax liability in cash will...

Business

IIIT-H develops unique charging solution for e-bikes

Hyderabad, April 21 | Researchers at the International Institute of Information Technology, Hyderabad (IIIT-H) have designed a unique charging solution for e-scooters.Dr. Aftab Hussain,...