Page 59 - Gst

GST mop-up less than Rs 1 trillion in August; Council to meet this month

This was the second month in the current fiscal year that the collections could not hit the Rs 1-trillion mark, the first being June

GST collection falls below Rs 1 trillion in August: Govt data

Gross revenue collections from the Goods and Services Tax (GST) in July stood at Rs 1.02 trillion

Goldman Sachs sees more pain in store for the Indian economy

The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006, the report said.

Deadline to file GST annual returns extended till Nov 30 after glitches

GSTR 9 is an annual return to be filed yearly by taxpayers registered under the Goods and Services Tax .

Road ministry seeks GST rate cut for hybrid cars and CNG vehicles

Late last month, the GST Council had cut rates on EVs from 12% to 5%

FM's fiscal stimulus can boost consumption ahead of festive season

The FM also promised to accelerate the processes for GST refunds

Realtors seek cheaper loans and uniform GST norms to revive sector

Developers are hoping this week's announcement will bring some relief

A first step to revival

Measures by FM welcome, but more would be needed

Why India's labourers can't afford to buy a packet of biscuits for Rs 5

Trouble is, the distribution of the Indian economic pie is more lopsided than the aggregate numbers suggest

300 fresh pharma unit applications up for approval in Gujarat: FDCA

As per the state FDCA commissioner, the state has benefited from the introduction of GST

Mini Budget: FPI surcharge rolled back; no angel tax for start-ups

PSBs get Rs 70,000 crore; home, auto loans to become cheaper

MSMEs to get pending GST refunds within 30 days: Nirmala Sitharaman

Banks will also have to return all documents within 15 days of a loan closure, helping borrowers whose mortgaged assets are tied up

All pending GST refunds to MSMEs will be made in 30 days: FM Sitharaman

Also, in future, all GST refunds of micro, small and medium enterprises (MSMEs) will be paid within 60 days from the date of application, the FM announced

Analysts expect FPI selling to reverse; see a market rally on Monday

In a post-market hours press briefing today evening, Finance Minister Nirmala Sitharaman withdrew the enhanced surcharge on long and short-term capital gains

Big relief for market as govt withdraws FPI surcharge: 15 key announcements

Govt to infuse upfront Rs 70,000 crore into public sector banks to enable release of Rs 5 trillion liquidity in the market

UP govt to crack down on tax evasion, eyes over Rs 1.4-trn revenue in FY20

CM Adityanath also exhorted the excise department to pull up its socks for posting higher excise revenue in the current financial year

Top 10 business headlines: Aramco's RIL stake buy, angel tax relief & more

From Anil Agarwal pulling out of race for acquiring grounded Jet Airways to poorer states scoring big in GST mop-up, here are the top business headlines on Tuesday

No duty or tax payable by EOUs on re-export of goods imported free of duty

The merchant exporter can take credit of the GST that you charge and claim a refund of the same under Rule 89 (4B) of the CGST Rules, 2017

TV panel sales dip; manufacturers ask govt to lower GST, scrap import duty

The panel makers further said the exit of India from ICC World Cup also led to a decline in panel sales

Taxmann.com releases tool to find GST rate applicable on different dates

The GST regime has 7 rates for goods and 5 for services