Latest News on Cgst
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Cgst - Total results - 34
Jul 02, 2018
GST collections rise to Rs 95,610 crore in June, says finance secretary Hasmukh AdhiaOf the total Rs 95,610 crore gross revenue collected in June, Rs 15,968 crore is on account of CGST, Rs 22,021 crore SGST, Rs 49,498 crore (including Rs. 24,493 crore collected on imports) on account of Integrated Goods and Services Tax (IGST) and Rs 8,122 crore from cess
Jun 27, 2018
Abolish IGST to make tax system effective, says Delhi Deputy Chief Minister Manish SisodiaDelhi Deputy Chief Minister Manish Sisodia on Wednesday demanded abolishing Integrated GST, saying Rs 1.81 lakh crore has accumulated in the IGST fund but the money is lying idle and is causing economic loss
Jun 15, 2018
GST anti-profiteering fund: Amount deposited by erring businesses to be split between Centre and stateFollowing the rollout of GST, govt set up a national anti-profiteering authority to penalise businesses for failure to pass on tax benefits to consumers
Jun 14, 2018
One year of GST: Integration of unorganised sector is major achievement; govt must ensure transmission of lower taxes to consumersOn inflation, so far there is little evidence to suggest that there has been an upward tendency as food has been kept out of GST, which is a large part of the CPI basket.
Jun 04, 2018
Free banking services out of GST net, says revenue department; mutual fund exit load to attract levyLast month, the Department of Financial Services had approached the revenue department seeking exemption of these transactions from GST after the banks received service tax notice for free services offered to their clients.
May 04, 2018
GST Council approves making GST-Network a government entity; simplifies return filing processSince its implementation on 1 July 2017, the GST Council has made some 376 changes by amending rules.
Apr 27, 2018
GST mop-up at Rs 7.41 lakh crore in July-March period; average monthly collection at Rs 89,885 croreThe government rolled out the GST regime from 1 July last year
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
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
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