Tag: Gst

Odisha registers 17% growth in gross GST collection in August
Government releases Rs 17,000 crore GST compensation to states

The total amount of compensation released to the states so far, including the aforesaid amount, during 2022-23 is Rs 1,15,662 crore, official sources said.

  • Friday, 25 November 2022
GST collections touch Rs 1,51,718 cr in Oct, 2nd highest since April
GST collections touch Rs 1,51,718 cr in Oct, 2nd highest since April

The Rs 1.5 lakh crore mark has been crossed for the second time since the inception of GST, official sources said.

  • Tuesday, 01 November 2022
CONG’S HALLA BOL
Youth Congress’ Protest Against Price Rise, GST, Unemployment

Youth Congress launched ‘Mehangai Par Halla Bol’ rally outside Ramlila Maidan in Delhi in protest against price rise, GST and unemployment.

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  • Sunday, 04 September 2022
Union Finance Ministry
Govt releases two instalments of tax devolution to states amounting to Rs 1,16,665 cr

In a statement, the Union Finance Ministry said that the two installments have been released as against the normal monthly devolution of Rs 58,332.86 crore.

  • Wednesday, 10 August 2022
No GST on chequebooks for customers: FM Sitharaman
No GST on chequebooks for customers: FM Sitharaman

On the opposition's claims of burdening people by imposing GST on cheque books, she said the levy is in relation to purchase of cheque books by bans from printers, not for the public.

  • Tuesday, 02 August 2022
Car Speedometer
What drives car value in India: Engine capacity or tax structure?

Car makers have to abide by the tax structure the Indian government has set. And being a welfare government, it has set the lowest GST and excise slab for small cars or cars with less engine capacity and a higher GST and excise slab for the speed enthusiasts opting for a more powerful engine.

  • Monday, 01 August 2022
4 arrested over Rs 124 Crore GST Evasion in Odisha
GST after GST; Now, popular Odia foods to get costlier from Monday 

Some services such as work contracts for roads, bridges, railways, metro, effluent treatment plants and crematoriums too will see tax going up to 18% from the current 12%.

  • Sunday, 17 July 2022
Odishas state GST collection up 45% in June
Now, 5% GST on flour, curd and other pre-packed food items 

Hotel accommodation up to Rs 1,000 per day will now be taxed at 12 per cent. 

  • Sunday, 17 July 2022
Pay GST on pre-packed, labelled food items, hospital rooms above Rs 5K from Monday
Pay GST on pre-packed, labelled food items, hospital rooms above Rs 5K from Monday

In addition, hotel rooms with tariff of up to Rs 1,000/day, maps and charts, including atlases, will attract a 12 per cent Goods and Services Tax (GST), while 18 per cent GST will be levied on tetra packs and fees charged by banks for the issue of cheques (loose or in book form).

  • Sunday, 17 July 2022
GST
Traders hold protest against GST on food items, grain markets remain closed

Delhi Grain Merchant Association President Naresh Kumar Gupta said that this is for the first time when non-branded food items are being brought under the GST and claimed that the decision was not in favour of the general public and traders.

  • Saturday, 16 July 2022
5 arrested in Rs 311 crore GST fraud in Odisha 
5 arrested in Rs 311 crore GST fraud in Odisha 

While addressing a press conference, Commissioner of Commercial Taxes and GST, Sushil Kumar Lohani informed about the crime. 

  • Wednesday, 06 July 2022
Internet Connectivity In Rural India Growing At Fast Pace: FM Sitharaman
Online gaming gambling, no decision on extending GST compensation date: Sitharaman

Addressing the media at the conclusion of the two-day meeting of the Goods and Services Tax (GST) Council here, Sitharaman said casinos, horse-racing, and online gaming are all gambling.

  • Wednesday, 29 June 2022
GST
Centre clears entire GST compensation payable to states till date

The payment was made to assist the states in managing their resources and ensuring that their programmes, especially the expenditure on capital, is carried out successfully during the financial year, it said.

  • Tuesday, 31 May 2022
GST Rates On Footwears Must Be 5%, 12% Which Was Applicable Till 2021: CAIT
GST Rates On Footwears Must Be 5%, 12% Which Was Applicable Till 2021: CAIT

India is the second-largest footwear manufacturer in the world with 9 per cent of the annual global production, CAIT claimed.

  • Thursday, 07 April 2022
Covid-19 Medicines
GST Rate For COVID-19 Medicines Pegged At Five Per Cent GST: Govt

The minister said the GST rate for health insurance is 18 percent, which is as per international standards, and similar to what it was during pre-GST days in the country.

  • Monday, 04 April 2022
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