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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
