GST
- India
Fraudulent GST registrations resulted in tax evasion of Rs 3,000 Cr: Minister
New Delhi: The government has detected 489 fraudulent GST registrations till October involving forged PAN and Aadhaar, and resulting in tax evasion of over Rs 3,000 crore, Parliament was informed on Monday.…
- Business
GST collections slip on rate cuts to Rs 1.7 lakh cr in November
New Delhi: India’s Goods and Services Tax (GST) collections slipped to a year-low of Rs 1.70 lakh crore in November, growing at a meagre 0.7 per cent year-on-year on a base lowered…
- Business
RBI may cut interest rate by 25 bps on Friday
Mumbai: The RBI may trim the benchmark lending rate by 25 bps in its forthcoming monetary policy meeting, as inflationary pressures are subdued, though some experts believe the central bank is likely…
- News
Indian economy remains world’s fastest growing despite US tariffs
New Delhi: India’s economy grew at a higher-than-expected 8.2 per cent – the fastest pace in six quarters – in July-September, as front-loading of production ahead of GST rates cut boosted consumption…
- Photos
Constitution India’s pride; helps shed colonial mindset: Prez Murmu
New Delhi: President Droupadi Murmu on Wednesday asserted that the Constitution is the cornerstone of the nation’s identity as also the guiding document to shun colonial mindset and adopt nationalistic thinking. Addressing…
- Hyderabad
Two held by Cyberabad police in Rs 11.79 crore GST fraud network
Hyderabad: Two persons have been arrested for allegedly being part of an inter-state network that created 10 fake GST-registered firms and fraudulently claimed Rs 11.79 crore Input Tax Credit (ITC), the police…
- Telangana
Telangana’s revenue receipts stand at 43 pc of estimated Rs 2.85 lakh cr after 6 months
Hyderabad: Telangana’s total revenue receipts stood at Rs 1.22 lakh crore at the end of the first six months of the current financial year, representing 42.87 per cent of the projected Rs…
- Business
Andhra records Rs 3,021 cr GST in October, second-highest since 2017: Govt
Amaravati: Andhra Pradesh collected Rs 3,021 crore in net Goods and Services Tax (GST) revenue last month—the second-highest for any October since GST was introduced in 2017, the state’s Commercial Taxes Department…
- India
No GST return filing allowed for dues pending over 3 yrs: GSTN
New Delhi: Businesses will not be able to file GST returns which are due for three years or more beginning the November tax period, GST Network (GSTN) has said. In an advisory,…
- India
GST rate cut benefits reaching consumers, govt monitoring prices of 54 items
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the benefits of GST reforms are reaching consumers in the form of reduced prices. Addressing a press conference on GST Bachat Utsav, she…
- Business
FM Sitharaman urges farmers to leverage PMFME, PMDDKY for profitable agriculture
Koppal: Union Finance Minister Nirmala Sitharaman on Wednesday urged farmers to make full use of the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) and Pradhan Mantri Dhan Dhanya Krishi Yojana…
- India
GST cut meaningless if firms hike prices, says Congress
New Delhi: The Congress on Sunday cited a media report which claimed that the prices of several products were hiked by big firms before the GST rate reduction and asked what is…
- Hyderabad
Owaisi backs Telangana CM’s demand for Rs 7000 cr GST loss compensation
Hyderabad: AIMIM chief and Hyderabad MP Asaduddin Owaisi has extended full support to Telangana chief minister A Revanth Reddy’s demand that the Union government compensate Telangana for the Rs 7000 crore revenue loss…
- Andhra Pradesh
Andhra CM Naidu unveils GST 2.0 campaign to boost economic growth
Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu on Monday said that the TDP-led NDA government will undertake a month-long awareness campaign on ‘GST 2.0’ reforms to enlighten people about the benefits…
- Telangana
Telangana gears up to roll out next-gen GST tax regime: Official
Hyderabad: Telangana is fully geared up for the new GST rate rationalisation with sensitisation already done at the field level, K Haritha, Commissioner of Commercial Taxes, said on Monday. She further said…
