Tuesday, July 23, 2024

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GST

GST on milk cans reduced from 18 percent to 12 percent, propagandists try to imply that a new 12 percent tax has been introduced

Shortly after the decision was announced, a social media narrative started to subtly push the agenda that new 12% GST has been introduced on milk cans by Modi government.

India’s GST collections soar to record high of ₹2.10 lakh crore, Uttar Pradesh overtakes Tamil Nadu in state-wise GST Revenues for April 2024

The latest data has revealed that Uttar Pradesh has overtaken Tamil Nadu in terms of state-wise GST revenues in the preceding month, April 2024.

‘Rich people don’t pay GST, only poor pay it’: How Rahul Gandhi’s latest rant exposes his ignorance about the GST and how it works

Rahul Gandhi recently went on a bizarre rant against the GST, claiming that the rich don't pay the GST while the poor pay for it.

Goods and Services Tax Council slashes GST on millet flour food preparations from 18% to 5%

Goods and Services Tax (GST) Council has decided to slash GST on millet flour food preparations from the current 18% to 5%

DGGI issues GST notices totalling Rs 55,000 crore to gaming companies, Ashneer Grover urges govt to withdraw them saying ‘Na koi tax dega, na sarkar ko...

The notices were delivered following the GST Council's decision to apply 28% GST on the whole face value of bets instead of gross gaming value

‘No such proposal under consideration’: Nitin Gadkari refutes media reports claiming govt planning to propose 10% additional GST on diesel vehicles

Dismissing the media reports, Nitin Gadkari said there is no proposal to levy additional 10 per cent GST on diesel vehicles.

Govt calls for a special session of parliament: What happened during the last time the Modi government called for a special session

In 2017, the Modi govt had called for a special session of parliament for the passage of the momentous Goods and Services Tax.

Kerala: GST raids at 20 establishments over tax evasion of Rs 27 crore, agitated vendors lock officials inside the shop during the raid

The raids on shop owners' houses occurred at about 8.30 AM on Friday. Four residences in Kozhikode and one in Malappuram were raided. The raids on the shops began around 10 AM.

Rs 15,000 crore tax evasion detected and over 4,900 fake GST registrations cancelled in an ongoing drive

The two-month-long pan-India drive against fake GST registration began on the 16th of May and will end on the 15th of July.

Business is booming in India: GST revenue for April reaches all-time high of Rs 1.87 lakh crore, Maharashtra continues to lead among states

This is the first time that the gross GST revenue collection has crossed the mark of Rs 1.75 lakh crores. The GST revenue collection for March 2023 was Rs 1,60,122 lakh crores.

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