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The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.Business
GST collection scales record high of Rs 1.13 lakh cr in April

The government has settled Rs 20,370 crore to CGST and Rs 15,975 crore to SGST from IGST as regular settlement.

1 May 2019 4:58 PM IST

We expect that the budget will provide a strong impetus for skill development which would greatly add to service sector activities, particularly for construction, professional services and healthcare.360 Degree
Unlock potential of service sector

These can be taken to the next level over the coming five years, with the upcoming Union Budget setting the pace.

30 Jun 2019 2:09 AM IST

West Bengal Finance Minister Amit Mitra in an interview to NDTV on Wednesday said that the timing of the implementation of the GST was not right given the situation that has arrived in the aftermath of demonetisation.Business
Government to celebrate 2nd anniversary of GST on July 1

GST, which subsumed 17 local levies, was rolled out on the intervening night of June 30 and July 1, 2017.

28 Jun 2019 4:10 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.Business
Ficci urges FinMin to re-look into GST regime for consulting, service...

At present, the Consulting community continues to be made liable for payment of GST on behalf of the employer.

28 Jun 2019 9:05 AM IST

In \Adventures of the GST Man\, author Srinivas Kotni uses a fictional superhero to answer questions that one may have on GST.Business
Comic book 'Adventures of the GST Man' to demystify GST rules

Srinivas Kotni says he wanted to simplify understanding of GST and make it exciting by using caricatures and cartoons.

27 Jun 2019 3:34 PM IST

Anand Mahindra.Business
Lowering GST on automobiles would help the economy: Anand Mahindra

Vehicle sales across categories registered a decline of 8.62 per cent to 20,86,358 units from 22,83,262 units in May...

26 Jun 2019 1:36 PM IST

15th Finance Commission chairman N K Singh.Business
15th finance panel stresses on dialogue with GST council

Dialogue between the commission and GST council to address various concerns on the taxation regime.

25 Jun 2019 8:28 PM IST

The Federation of Auto-mobile Dealers Association or FADA, the apex body of the lobby, said the inventory levels have come down, but are still high by its estimate.Business
Auto industry united in seeking GST rate cut on vehicles: SIAM

Commercial vehicle as well as two and three-wheeler manufacturers are united in seeking lower GST on vehicles.

22 Jun 2019 11:56 AM IST

Data analytics major SAS has created a new division to help organisations fight frauds and cyber crimes.Business
Govt identifies 5,106 'risky exporters' who have fraudulently claimed...

According to sources, such fraudulent claims of Integrated GST (IGST) refunds by exporters could exceed Rs 1,000 crore.

20 Jun 2019 1:10 PM IST

Items such as cereals and food grains when sold loose are GST-free, while the government imposes a five per cent GST on branded food grains and cereals.Business
GST on packaged food rued

The current policy indicates that the government perceives packaged items not good for consumers.

18 Jun 2019 6:53 AM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.Business
Anarock budget wish list for realty sector: More bank funds, ITC...

The liquidity crisis is the major factor preventing completion of over 5.6 lakh stalled units across top seven cities.

14 Jun 2019 11:35 AM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)Business
GST anti-profiteering body dismisses complaint against Bharti...

The complainant had alleged that Bharti Telemedia, which is into DTH satellite had not reduced prices of its offerings.

13 Jun 2019 3:11 PM IST

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