Tag archive for ‘GST’
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By Manish Sen On Monday, March 18th, 2019
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GST Council to consider implementation of lower GST rates for realty sector

New Delhi: The all powerful GST Council in its 34th meeting to be held Tuesday is expected to take up various issues including the implementation of lower GST rates for the real estate sector. GST Council in its More...

By Manish Sen On Wednesday, March 13th, 2019
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EC gives go-ahead to GST Council meeting on March 19

New Delhi: The Election Commission has given approval for holding the upcoming GST Council meeting on March 19 to consider various issues including the implementation of lower GST rates for the real estate sector.  More...

By Manish Sen On Thursday, March 7th, 2019
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CBIC clarifies on levy of GST on sales promotion schemes

New Delhi: The CBIC Thursday clarified on the vexed issue of levy of GST on sales promotion schemes like ‘buy one get one free’ offered by FMCG firms, saying taxes would be paid on the price recovered More...

By Manish Sen On Friday, March 1st, 2019
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GST collection drops to Rs 97,247 cr in Feb

New Delhi: GST collections in February dropped to Rs 97,247 crore in February from Rs 1.02 lakh crore in the previous month, the Finance Ministry said Friday. GST collections in February dropped to Rs 97,247 crore More...

By Manish Sen On Sunday, February 24th, 2019
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GST on affordable housing properties reduced to 1 pc

New Delhi: The Goods and Services Tax (GST) on affordable housing properties without input tax credit (ITC) has been reduced to one per cent, while effective GST of 5 per cent shall be applicable without ITC on More...

By Manish Sen On Wednesday, February 20th, 2019
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Decision on GST on real estate, lottery deferred till Sunday; return filing deadline extended

New Delhi: The GST Council Wednesday deferred a decision on rationalisation of tax rates on real estate and lottery till February 24 as some opposition-ruled states demanded that a meeting, where members are physically More...

By Manish Sen On Sunday, February 3rd, 2019
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Rising revenue trend prompted govt to peg 18 pc rise in FY20 GST collections: Secy

New Delhi: The government has projected over 18 per cent growth in GST collections in 2019-20 based on the rising trend in revenue mop up witnessed during the three-month period ending January 2019, Revenue Secretary More...

By Manish Sen On Saturday, February 2nd, 2019
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GST mop-up rises to Rs 1.02 lakh cr in January

New Delhi: GST collections in January rose to Rs 1.02 lakh crore — the second highest monthly mop-up after April, the finance ministry said Saturday. GST collections in January rose to Rs 1.02 lakh crore More...

By Manish Sen On Thursday, January 31st, 2019
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GST collections top Rs 1 lakh cr in January

New Delhi: GST collections in January crossed Rs 1 lakh crore-mark, after a gap of 2 months, the Finance Ministry said Thursday.  GST collections in January crossed Rs 1 lakh crore-mark after a gap of 2 months. “The More...

By Manish Sen On Thursday, January 31st, 2019
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President Kovind highlights good work of Modi government in Budget Session speech, sets tone for Lok Sabha elections

New Delhi: The Rafale deal, surgical strikes, counter-terrorism, demonetisation, GST, and several initiatives of the NDA government in the last nearly five years were the highlight of President Ram Nath Kovind’s More...