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GST COLLECTION OCTOBER
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
Missed GST return filing? Your GST registration could be suspended; check the legal positionGST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule. Experts highlight ...
GST collections rise 4.6% to Rs 1.96 lakh crore in October despite tax cutsGoods and Services Tax collections saw a 4.6% increase in October, reaching Rs 1.96 lakh crore. This growth indicates robust economic activ...
GST revenue in FY26 to exceed budget estimates, says SBI ResearchSBI Research projects that Goods and Services Tax (GST) revenue for FY26 will exceed budgeted collections, even after tax rationalisation m...
Sales glut pips tax cut as GST mop-up keeps risingIn October, the Goods and Services Tax collections soared to Rs 1.95 lakh crore, marking a 4.6% rise compared to the previous year. Notably...
GST mopup rises 8.9% to ₹1.87 lakh crore in OctoberIndia collected ₹ 1.87 lakh crore in GST in October, the second-highest monthly total ever. Domestic GST collections increased significantl...
Monthly GST mop-up from online gaming companies jump 400 pc since October 1Monthly GST collections from online gaming companies have surged by over 400% to Rs 1,200 crore since October 1 due to the implementation o...
GST collections rise 13% yoy to Rs 1.72 lakh cr in October; second highest after AprilGoods and Services Tax (GST) for the month of October increased by 13 per cent Y-o-Y to Rs 1.72 lakh crore, revealed data published by the ...
Karnataka GST authorities write to 161 online gaming firms, ask them to apply revised rate“We don’t want any company to claim later that they were not aware of the details of the recent amendments to the GST laws,” a senior offic...
October GST collection stands at Rs 1.52 lakh crore, second-highest since implementationGST collection for the month of October stood at Rs 1.51 lakh crore. This is the second highest collection since implementation of GST. The...
October GST collection at Rs 1.30 lk cr, 2nd highest since GST implementationGross GST collection for the month of October came in at Rs 1,30,127 crore, the second-highest collection since GST was implemented in July...
Maharashtra GST collections see 11.6% dip in pandemic yearMaharashtra is set to end the Covid-impacted financial year with Goods and Services Tax (GST) collections lower by 11.6% in comparison to t...
GST collection crosses Rs 1 lakh crore mark for first time since FebruaryGST revenues for October were 10 per cent higher than in the same month last year, with revenues from import of goods being 9 per cent high...
GST compensation fund likely to fall short by Rs 25,000 cr in current fiscal: ICRAICRA said the GST compensation fund may see a shortfall of Rs 15,000-25,000 crore for 2019-20. The Centre by law has to pay the states at 1...
Finally, some good news: November GST collections up 6%GST collections were Rs 97,637 crore in November last year and Rs 95,380 crore in October this year. The increase in collections was a sign...
GST collection remains below Rs 1 lakh crore mark at Rs 95,380 crore in OctoberThis is the third consecutive month when GST mop-up remained below the Rs 1 lakh crore mark.
Expect a spike in tax mop-up in December, if not in November: Sachin Menon, KPMGSeptember may not be a representative month as far as tax collection is concerned, says KPMG partner
GST collections cross Rs 1 lakh crore in OctoberThe finance ministry has targeted monthly GST collections to be Rs 1 lakh crore for this fiscal, but the actual mop-up has fallen short of ...
GST collections in October decline to Rs 83,346 croreGovt attributed lower collections to the release of state & central GST paid in the first three months, reduction in taxes and payment of G...