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PUNJAB GST NOVEMBER
DGGI summons Shalini Passi over Pasco tax issuesDGGI has summoned celebrity Shalini Passi, a former partner of Pasco Motors, for short payment of taxes by the firm. The inquiry, which is ...
Net GST collection grows by 62 pc in Nov: Punjab FM Harpal Singh CheemaPunjab Finance Minister Harpal Singh Cheema reported a 62.93 per cent increase in the state's net GST collection for November compared to t...
Budget home threshold may be hiked to Rs 55 lakhA GST Council panel proposes expanding the definition of affordable housing from ₹45 lakh to ₹55 lakh, potentially boosting the sector. The...
GST Council decides to form new GoM for health insurance premiumThe GST Council has postponed its decision on reducing the GST rate on health insurance premiums to November. A Group of Ministers will rev...
SBI Life, HDFC Life shares trade 3% lower as GST cut on insurance premiums postponedSBI Life shares dropped by 3.3%, reaching Rs 1,839.50, while HDFC Life experienced a 3% decline to Rs 714.20. Star Health and Allied Insura...
What will be the economic priorities and challenges for Yogi 2.0 in UP and AAP in Punjab?The current macroeconomic situation, with oil prices skyrocketing against the backdrop of the Russia-Ukraine war, along with the implementa...
Telangana accepts Centre's borrowing option to meet GST shortfallThe Centre has already borrowed Rs 18,000 crore on behalf of the states in three instalments and has passed it on to 22 states and 3 Union ...
States seek GST compensation beyond 2022 to tide over Covid-19 crisisState finance ministers, during a video conference on Monday, also discussed issues arising out of the lockdown, including the urgent requi...
Centre releases Rs 14,103 crore GST compensation to states; more to be released soonWith the release of Rs 14,103 crore to states on Tuesday, the Centre has paid a total of Rs 34,053 crore pending GST compensation cess for ...
Maharashtra CM discussed GST compensation, PMC bank issue with PM: Aaditya ThackerayAaditya described Uddhav Thackeray's first visit to the national capital after becoming chief minister in November last year, as "smooth" a...
State governments not keen to levy GST on exempted goods“Goods on the exempted list are mass-consumption items. No state will agree to include them,” said the finance minister of a BJP-ruled stat...
States demand pending GST compensationFinance ministers of Delhi, Punjab, Puducherry and MP, and representatives of Kerala, Rajasthan, Chhattisgarh and West Bengal met Nirmala S...
Situation akin to economic emergency prevailing in country: Congress"Why are they not giving GST share to states? It became clear on Friday when it came to the fore that the country's fiscal deficit has reac...
GoM on revenue shortfall to study GST collection on services by statesThe panel has been formed by the GST Council to look into revenue shortfall being faced by the states post implementation of the Goods and ...
Sushil Modi to head GoM on GST revenue shortfall faced by statesAmong the union territories, Puducherry is facing maximum shortfall of 43 per cent.
Centre releases Rs 24,500 crore to compensate states post GSTUnder the GST regime, a cess is levied on luxury, demerit and sin goods to make good the loss suffered by the states on account of roll out...
Over 4.3 million businesses file initial GST returns for OctoberNovember 20 also happened to be the day when GST portal has seen the maximum returns filed in a single day. As many as 1.48 million taxpaye...
Finance Ministers of Congress States seek changes in GST regimeThe move comes ahead of the the first anniversary of demonetisation and amid a vocal criticism of note ban and GST by Congress vice-preside...
As Congress talks of GST flaws, BJP says don’t play politicsCongress finance ministers will demand structural and architectural changes in GST, including rationalisation of tax slabs and concessions ...
Fiscal sops to continue during GST regime: SukhbirFiscal sops to investors in Punjab will continue even after Goods and Services Tax (GST) is implemented, Punjab Deputy Chief Minister Sukhb...