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[ad_1] SRINAGAR: The State Taxes Department of Government of J&K UT has been awarded SKOCH Award 2023 in Silver category for its successful implementation of GST. On this occasion, Commissioner STD J&K Dr Rashmi Singh applauded the efforts of the department in ensuring successful implementation of GST. She said that winning SKOCH Award is a…
[ad_1] (Representative Image) New Delhi: GST collection grew by 12 per cent in April to Rs 1.87 lakh crore, the highest monthly mop-up since the rollout of the indirect tax regime. The gross GST revenue collected in the month of April 2023 is Rs 1,87,035 crore of which CGST is Rs 38,440 crore, SGST is Rs…
[ad_1] New Delhi: GST collections in March grew 13 percent to the second highest ever at Rs 1.60 lakh crore, taking the growth rate of revenue mop-up for full 2022-23 fiscal to 22 percent. March also saw over 91 percent of the GST registered businesses filing returns and paying taxes reflecting greater compliance and improving…
[ad_1] SRINAGAR: Lieutenant Governor Manoj Sinha on Wednesday inaugurated the GST symposium and Tax awareness initiative ‘Kar-Tavya’ for industries, traders associations, DDOs & other stakeholders, at the Convention Center. The GST symposium is being organized by J&K State Taxes Department in collaboration with The Institute of Chartered Accountants of India. The Lt Governor said the…
[ad_1] Gandhinagar: Gujarat is yet to get Rs 9,136.26 crore as Goods and Services Tax compensation from the Union government, the state Assembly was informed on Monday. During discussion on the issue in the House, senior Congress leader Arjun Modhwadia said Gujarat was losing an average Rs 15,000 crore every year after the GST Act…
[ad_1] Jaipur: Union Finance Minister Nirmala Sitharaman Monday said that petrol and diesel can be brought under the GST ambit if the GST council takes a call. She was in Jaipur to attend the post-budget press conference where she answered at length on questions related to petrol-diesel prices, inflation, rising repo rates, among other issues….
[ad_1] New Delhi: Finance Minister Nirmala Sitharaman said on Saturday that the entire GST compensation cess for June 2022 totalling Rs 16,982 crore will be cleared. She said this while addressing a press conference soon after the 49th meeting of the GST Council ended. She also informed that Rs 16,524 crore to six states which…
[ad_1] Union Finance Minister Nirmala Sitharaman attends the Central Board of Directors meeting of the RBI after the Union Budget 2023-24 on Saturday New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said that if states arrive at a consensus, then petroleum products can be brought under the GST regime Addressing a post-budget interactive session organised…
[ad_1] (Representative Image) Hyderabad: The Central Government owes Rs 2433 crores in the form of Goods and Services Tax (GST) compensation to Telangana. The GST compensation dues for the Financial Years 2020 to 2021 and 2021 to 2022 are still withstanding and amount to a total of Rs 2,432 crores. The pending GST compensation of…
[ad_1] New Delhi: Finance Minister Nirmala Sitharaman on Monday came down heavily in Parliament on states complaining about delay in getting GST compensation, saying that rather than blaming the Centre for delay in facilitating the payment, they should ensure that the accountant general’s (AG) statements, which is the prerequisite for seeking the amount, are sent…