Govt Notifies GST Compensation Cess Extended Till March 2026
The government has extended the Goods and Services Tax (GST) compensation tax until March 2026. On June 25, the Finance Ministry confirmed the extension through...
Tag : goods and services tax (GST)
Govt Considers Cutting Lithium-Ion Battery Tax to Boost EV Development
According to a Mint report, the government may lower the goods and services tax (GST) on lithium-ion batteries and bring it down to the same...
GST Collection in May Drops 16% to Rs 141K Crore
Goods and services tax (GST) collections fell to Rs 141 crore in May, down 16% from a record high of Rs 1.68 lakh crore set...
GST Collection Grew 18% YoY in February: FinMin
Goods and Services Tax (GST) collections in February grew 18 per cent to Rs 1.33 trillion in February. This is for the fifth time in...
Odisha Collects Rs 4080 Cr GST in Dec 2021
Odisha has touched a collection of Rs 4080.14 Crores of Goods and Services Tax (GST) in Dec 2021 against Rs 2860.20 Crores in Dec 2020...
Centre Extends GSTR Filing Deadline Till February 28
The government extended GST annual return filing deadline till 28th February for businesses for FY 2020-21 ending March 2021. “The due date for annual return...
FM Sitharaman to Visit Mumbai For 2-Day From Today
Union Finance Minister Nirmala Sitharaman will be visiting Mumbai for two days from 24 to meet key stakeholders. She will be meeting with officials of...
Small, Medium Businesses Get Relief on GST Interest, Late Fee
The government has announced a late fee waiver on the filing of goods and services tax (GST) returns for March and April, besides reducing interest...
Centre to Examine Industry’s Demands of Relaxing Tax
The Centre is examining proposals to extend compliance timelines for income tax and goods and services tax (GST) to provide relief to businesses during the...
Indirect Tax Collections Rises Rs 10.71 Lakh Crore in FY21
The total Goods and Services Tax (GST) and non-GST revenue collections for the financial year 2020-21 grew 12.3 per cent to Rs 10.71 lakh crore...