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CBIC GST GROWTH
Subhash Chandra Garg cherry-picking figures from two different bases: CBICGarg, who has been at the centre of the recent controversy over the government's GDP growth estimates, had questioned the Centre's claim of...- GST growth comparisons can’t be 'apples and oranges' says CBIC; hits back at 'misleading' claimsThe CBIC stated that comparing GST revenue figures using different tax bases is misleading. Growth calculations must be made on a like-for-...
- As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
- GST relief: Companies asked to share revised prices of consumer durables, cars with consumersThe central government directs businesses to submit tentative price lists following the Goods and Services Tax reduction. These lists, cove...
- GST reforms transformative, will ensure tax certainty: CBIC chiefCBIC Chairman Sanjay Kumar Agarwal announced transformative GST reforms aimed at providing tax certainty and stability for investors. While...
- GST on rides: CBIC gives a week’s time to ecommerce firms to give views, promises clarificationA three-member team led by CBIC chairman Sanjay Kumar Agarwal met with representatives from the app-based transportation companies at North...
- Slew of measures expected in Budget to promote investments in clean energy sector: ExpertsFinance Minister Nirmala Sitharaman will present the 2024-25 Budget on July 23, targeting renewable energy investments through policy chang...
- CBIC exempts these businesses from filing GSTR-9 annual return for FY 2023-24GST annual return: Now there is no need to file GSTR-9 annual return for FY 2023-24 as the Central Board of Indirect Taxes and Customs (CBI...
- Finance ministry lauds GST, says it reduced tax rates on household goods, brought relief to every homeThe Finance Ministry on Monday praised the Goods and Services Tax (GST) system on the occasion of its seventh anniversary, highlighting its...
- Five states show interest in implementing Aadhaar-based authentication for GST registrationFive states plan Aadhaar-based GST registration. Biometric authentication aims to curb fraud. April's record GST revenue of Rs 2.10 lakh cr...
- Indirect tax collection for FY24 exceeds RE by handsome margin: CBIC chiefFY24 indirect tax collection exceeded Revised Estimates with record GST collection. CBIC chairman praised tax officials for professionalism...
- Online gaming companies tax demand in line with legal stand: CBIC chairmanCBIC chair says will implement 28% GST regime after state laws amended, review in 6 months
- eGaming companies GST tax demand in line with legal stand: CBIC chiefThe Central Board of Indirect Taxes and Customs (CBIC) chairman, Sanjay Kumar Agarwal, has stated that the goods and services tax (GST) not...
- Increased monthly GST collections mainly on account of higher compliance: CBIC chiefThe Goods and Services Tax (GST) collection was Rs 1.87 lakh crore in April and in the first four months of the current fiscal, the collect...
- North East is the biggest beneficiary of GST: FM Nirmala SitharamanSitharaman was in Guwahati on Friday to attend the Investiture Ceremony for conferment of Presidential Award of Appreciation Certificates a...
- GST Council to decide cement rate cut on February 18A team of officials working with India's Goods and Services Tax Council will decide cutting rates for cement on Feb. 18, the chairperson of...
- Monthly GST revenue at Rs 1.50 lakh cr to be new normal next fiscal: CBIC chiefMonthly GST collection is expected to average around Rs 1.50 lakh crore and it will be the 'new normal' in FY24 in view of concerted effort...
- CBIC notifies GST hike on green gear including solar panelsSolar panels and modules, bio-gas plants, solar power generators, windmills, solar lamps, tidal waves energy devices or plants and their pa...
- Enhanced GST revenue collections should now be 'new normal': FM"Commendable work has been done in the year gone by both in the area of facilitation and enforcement with numerous cases of fraudulent deal...
- FM asks GST officers to proactively address issues faced by biz in tax complianceIn a message to tax officers on the third anniversary of Goods and Services Tax (GST), Sitharaman also said there is scope for easing compl...
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