New Delhi – The monthly revenue from Goods and Services Tax-GST has reached an all-time high. In the first month of the new financial year, GST collection of Rs 1.87 lakh crore has been collected. This collection is 12 percent higher than in March. Increased GST revenue is considered to be good news for the […]
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Beijing – The one-child policy implemented over decades and the recent Covid 19 since 2019 has resulted in a decline in the population of China. The National Bureau of Statistics reported that the population has decreased by 0.85 million, the first time in the last six decades. With new data coming in, India is now […]
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New Delhi: The Union government announced that the revenue collected under Goods and Services Tax (GST) has reached a record level of Rs 1.24 trillion. There is an increase of a substantial 27% as compared to March last year. The GST collections of more than Rs 1 trillion consistently for the previous six months indicates […]
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New Delhi – On Thursday, the 41st meeting of the GST Council was led by Union Finance Minister, Nirmala Sitharaman. In the meeting, they discussed the decrease in GST compensation and borrowing funds to return the GST. At the time, states have been given two options and a span of seven days to respond to […]
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New Delhi: Pakistan’s infamous intelligence agency, ISI, has become extremely restless because of the explosive action initiated by the Indian security services. Therefore, ISI and its affiliated terrorist organisations are preparing Indian gangsters to carry out saboteur activities in India and to disrupt the security systems. The Chandigarh intelligence agency received this tipoff, and it […]
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New Delhi: The government has tried to reassure the common people by reducing the Goods and Services Tax (GST) on nearly 23 items. Only about half to one percent items are remaining in the list of goods taxed at the highest rate of 28% as compared to the original list. This decision will bring down […]
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Pyongyang/Tokyo: ‘The United States has misinterpreted the North Korean courtesy and patience. It is imposing gangster-like demands to push North Korea towards nuclear disarmament. But the United States is not willing to provide any concession to North Korea in return,’ criticised North Korea. Mike Pompeo, US Secretary of State, has claimed that the discussions regarding […]
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New Delhi: The Goods and Service Tax (GST) which is supposed to be the most important reform in India’s taxation system, is set to be implemented from July 1, 2017. The Chief Eexecutive Officer (CEO) of NITI Aayog, Amitabh Kant, believes that the implementation of GST can help India achieve a growth rate upto 9%. […]
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New Delhi: The ‘GST’ which has been proved to be useful for restructuring the way our country pays its taxes will be introduced at four levels. 50% of taxable essential commodities are to be kept out of the ‘GST’ tax bracket. While this is the biggest and most important phase in implementing the GST Bill, […]
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New Delhi – Lower House of the Indian Parliament, Lok Sabha cleared ‘Goods & Service Tax‘ bill (GST) after the Upper House Rajya Sabha, earlier gave a positive nod for it. Prime Minister Narendra Modi expressed confidence that GST would put an end to the tax terrorism and make consumer ‘The King’. PM Modi thanked […]
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