GST Evasion Of Rs 55,575 Crore Detected In Last 2 Years, 719 Persons Arrested

NEW DELHI- GST authorities have detected GST fraud of Rs 55,575 crore over the last two years and arrested over 700 persons for causing...

Optional Tax Regime Aims To Provide Relief To Low-Income Bracket People: FM

New Delhi- Finance Minister Nirmala Sitharaman on Friday said the optional income tax regime with seven tax slabs was brought in by the government...

Corporate Tax To GDP Ratio Exceeds 3% After Two Years In FY’22

New Delhi- Corporate tax collections exceeded 3 per cent of the GDP after a gap of two years in 2021-22, reflecting overall improvement in...

GST Collection Up 18% At Over Rs 1.33 Lakh Cr In Feb; Omicron Impact...

New Delhi- GST collections in February grew 18 per cent to over Rs 1.33 lakh crore in February even as the Omicron wave dented...

India’s High Import Tariffs In Electronics Sector Impacting Competitiveness: Report

NEW DELHI- India's import tariffs for the electronics sector are higher compared to countries like China and Vietnam that is negating the support provided...

Indian Aviation Mkt Has Significant Opportunities But Taxation Always An Issue: IATA Chief

New Delhi- The Indian civil aviation market has exciting and significant opportunities but taxation has always been an issue which also makes the industry...

GST Mop-Up In March At Rs 1.60 Lakh Cr Second Highest Ever, FY23 Gross...

New Delhi- GST collections in March grew 13 per cent to the second highest ever at Rs 1.60 lakh crore, taking the growth rate...

J&K Records 25.38 % Hike In Tax Revenue Collection During 2021-22

Jammu- The Union Territory of Jammu and Kashmir has recorded a significant hike of 25.38 per cent in tax revenue collection during 2021-22 (ending...

Direct Tax Collection Jumps 24% In First Half Of FY23

New Delhi- Gross collection of tax on corporate and individual earnings jumped nearly 24 per cent so far in the current fiscal year that...

Income Tax, CGST Deptts Conducts Outreach Initiative

SRINAGAR- Continuing the Outreach initiative of the Ministry of Finance, Govt of India, the Central Goods & Services Tax (CGST) Department, in collaboration with...