Latest News on Cgst
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Cgst - Total results - 36
Mar 16, 2018
World Bank says India's Goods and Services Tax regime among the most complex globallyWorld Bank said India has the highest standard GST rate in Asia, and second highest in the world after Chile
Mar 01, 2018
Two arrested in Mumbai for alleged GST fraud of over Rs 7 crore, first such action under new tax regimeDirectors of two companies were arrested by the GST authorities in Mumbai for alleged tax evasion to the tune of over Rs 7 crore, in what could be the first arrests under the new indirect taxation regime.
Feb 27, 2018
GST collection dips marginally in January to Rs 86,318 cr; 1.03 cr taxpayers registered till 25 FebruaryThe finance ministry said that 1.03 crore taxpayers have been registered under GST till 25 February, of which 17.65 lakh are composition dealers who are required to file returns every quarter
Feb 04, 2018
Mehbooba Mufti says Jammu and Kashmir government will do 'all it takes' to encourage local enterprisesJammu and Kashmir chief minister Mehbooba Mufti has assured the business community that her government will take more steps to promote local entrepreneurs.
Feb 03, 2018
Senior GST official, six others arrested in Kanpur for taking bribes from businessmen on monthly, quarterly basisCBI team on Saturday arrested a Central Goods and Service Tax (CGST) commissioner from Kanpur along with six others in a bribery case
Jan 31, 2018
Budget 2018: Government may peg fiscal deficit above 3.2% of GDP for FY2018-19Budget 2018 is likely to focus on enhancement of spending rather than a reduction of direct taxes, and therefore, the chances of achieving the fiscal target of 3.2 percent for FY 2017-18 and 3.0 percent for FY 2018-19 appears low
Jan 29, 2018
50% increase in indirect taxpayer base post GST: Economic Survey 2017-18The Goods and Services Tax (GST) implementation has increased indirect taxpayer base by more than 50 percent with 34 lakh businesses coming into the tax net, the Economic Survey said on Monday.
Jan 10, 2018
GST impact: Transport sector saw largest drop in tax rate at 23.2%, agriculture lowest at 0.09%The goods and services tax (GST), rolled out on 1 July, 2017, cut marginal tax rates.
Dec 10, 2017
Gujarat Election: Intelligence body seizes demonetised notes worth Rs 50 crore on first phase polling dayDirectorate of Revenue Intelligence has recovered nearly Rs 50 crore in the banned currency of Rs 500 and Rs 1,000 denomination in Gujarat on election day, the Union Finance Ministry said
Oct 30, 2017
GST: Businesses under composition scheme to soon start filing returns; network to have facility shortlyAs per the GST laws, for July-September quarter businesses, with turnover of up to Rs 75 lakh, opting for composition scheme can file quarterly returns and pay taxes.