Unputdownable commentary on corporate, power & politics
This represents a significant 12.4 per cent year-on-year growth, driven by a strong increase in domestic transactions
GST revenue collection for April 2024 highest ever at Rs 2.10 lakh crore Read More The growth was driven by a 13.9 per cent rise in GST from domestic transactions and 8.5 per cent increase in GST from import of goods. GST
GST revenue records Year-on-Year growth of 12.5% at Rs 1,68,337 crore in February Read More
In some cases, KYC method was used with the knowledge of the concerned person by paying them small pecuniary benefits.
DGGI detects 1,700 fraudulent ITC cases involving Rs 18,000 crore Read More Detected in a sustained drive against non-existent taxpayers by GST formations across the country since May 2023; 121 arrested
CBIC detects 29,273 bogus firms involved in suspected ITC evasion of Rs 44,015 crore Read More Posting a growth rate of 12% Y-o-Y, Rs 14.97 lakh crore gross GST collection during April-December 2023 period
Chhattisgarh posts just 1% growth in GST collection in last one year Read More In another operation, GST evasion of Rs 97.44 crore through a network of 19 fake entities busted
DGGI Gurugram officials bust racket involving 539 fake entities, one held Read More
Bhupesh Baghel urges to make available the amount of 2659 crores of the state’s share in central taxes soon
Revenue loss to states due to GST, permanent arrangement inevitable: Bhupesh Baghel Read More
The accused were produced before the Duty Metropolitan Magistrate following which they have been remanded to judicial custody for 14 days.
Fake invoicing racket involving tax evasion of Rs 17 crore unearthed, 2 held Read More The gross GST revenue collected during December 2022 is Rs 1,49,507 crore, 15 per cent higher compared to same month last year.
Monthly GST revenues more than Rs 1.4 lakh crore for 10th straight month Read More Rs 1,51,718 crore gross GST revenue collected for October 2022, second highest collection ever with, next only to the collection in April 2022
GST collection crosses Rs 1.5 lakh crore in October, 2nd time since inception Read More