Cess
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GST collection at Rs 1.31 lakh crore in November, second highest since rollout
•The GST revenues for the month of November 2021, are 25 per cent higher than November 2020, and 27 per cent higher over November 2019
ONGC asks govt to waive cess, royalty as plummeting oil prices not enough to cover operating cost
•State-owned ONGC has asked the government to waive payment of oil cess and royalty as plummeting international oil prices have meant that the rate it now gets does not even cover the operating cost, sources said
ONGC asks govt to reduce taxes, royalty to help company survive; says future investments at risk
Fp Staff •GST revenue collection rises above Rs 1 lakh cr-mark for second month in row in December
•GST revenue collection remained above the Rs 1 lakh crore mark for the second month in a row with December mop-up rising to Rs 1.03 lakh crore as compared to the year-ago period
GST compensation: Opposition-ruled states meet Nirmala Sitharaman, seek to release outstanding dues without further delay
Fp Staff •The all-powerful GST Council may go for a detailed review of the tax structure after the rise in the revenue collections at its meeting on 18 December
GST revenue collection crosses Rs 1 lakh cr after a gap of 3 months in November; up 6%
•After two months of negative growth, the GST revenue witnessed an impressive recovery with a growth of 6 percent in November 2019 over the November 2018 collections
Mahindra and Mahindra AGM: Cut taxes or rollback cess as auto gloom deepens, says chairman Anand Mahindra
•Pitching for a lower GST or a rollback of the cess to pull the automobile industry out of the slowdown, M&M group chairman Anand Mahindra on Wednesday said that a revival of the industry would have a ripple effect on the entire economy
GST mop-up crosses Rs 1 lakh cr for three straight months in May; lower than record collection of Rs 1.13 lakh cr in April
•This is the third consecutive month in which GST collections have crossed Rs 1 lakh crore mark
Lok Sabha election results 2019: Small traders expect more sops from Narendra Modi's second spell
Sulekha_nair •The traders decided to back Modi and the BJP for the measures taken for encouraging entrepreneurship in the country like Startup India.
Finance Act 2018: A look at how recent changes impact personal tax planning for the ongoing financial year
Alok Agrawal And Deepika Mathur •Net tax savings for a majority of all salaried individuals, on account of the changes listed in the Finance Act, 2018, has left a lot to be desired.