Govt on several occasions has given clarifications to reduce ambiguities and make the process smooth and easy.
19 Nov 2019 11:07 AM
The government would also be bringing changes to seven laws related to direct taxes.
18 Jul 2019 3:00 PM
In 2018-19, direct taxes grew by 13.4 per cent owing to improved performance of corporate tax.
04 Jul 2019 3:11 PM
Govt has made the entire GST procedure and filing of returns very 'confusing with hundreds of changes in the rules and taxes'.
19 Jun 2019 4:31 PM
The bench also asked all the high courts to keep in mind, while dealing with grant of anticipatory bail in GST evasion cases.
29 May 2019 11:43 AM
A large number of registrations has been cancelled by tax officers on account of non-compliance.
03 Apr 2019 1:21 PM
Tax collection during April-January of this fiscal stood at Rs 7.89 lakh crore as against Rs 12 lakh crore targeted for 2018-19.
19 Mar 2019 1:59 PM
GST collections in February dropped to Rs 97,247 crore from Rs 1.02 lakh crore in the previous month.
18 Mar 2019 2:44 PM
The project was approved by highest decision making body on SEZ - Board of Approval - chaired by the commerce secretary.
03 Mar 2019 10:47 AM
The collection from GST has been pegged at 21 paise as a percentage of every rupee earned.
01 Feb 2019 3:51 PM
Refunds worth Rs 1.23 lakh crore have been issued in the eight months of the current fiscal.
10 Dec 2018 12:52 PM
The total number of cases where service tax was evaded stood at 1,145 involving Rs 22,973 crore.
21 Nov 2018 3:36 PM
The indirect tax to GDP ratio has gone up to 5.4 per cent post GST, from 4.4 per cent in 2014-15.
08 Nov 2018 12:29 PM
GST collection for month of July touched Rs 96,483 cr, slightly higher than Rs 95,610 cr collected in June.
24 Aug 2018 8:41 AM
GST as presently designed has an effective tax rate rising with household consumption.
08 Aug 2018 9:21 AM
Presently, there are four GST slabs of 5, 12, 18 and 28 per cent, plus the exempted category which attracts 0 per cent GST.
04 Aug 2018 4:13 PM
The new indirect tax regime has added more jobs in formal sector and widened taxpayer base.
19 Jun 2018 11:44 AM
India and Sri Lanka have both recently streamlined and levied their VAT or GST regimes.
31 May 2018 3:51 PM
Since the implementation of the same from April 1, 2018, more than 4.5 crore e-way bills have been generated.
22 May 2018 7:23 PM
The buoyancy in the tax revenue of GST reflects the upswing in the economy and better compliance.
01 May 2018 2:03 PM