Gst News - Latest Updates & Headlines
Bruce Springsteen talks about his 'interesting' visit to set of his biopic
Los Angeles, April 22: Music legend Bruce Springsteen said that visiting the set of his upcoming biopic titled ‘Deliver Me from Nowhere’ was “interesting”.
IPL 2025: Shepherd replaces Livingstone as RCB opt to bowl first against PBKS
New Chandigarh, April 20: Royal Challengers Bengaluru captain Rajat Patidar has won the toss and elected to bowl first against Punjab Kings at the Maharaja Yadavindra Singh International Cricket Stadium in New Chandigarh.
FHRAI raises unfair practices, GST compliance concerns against Agoda
New Delhi, April 19: The Federation of Hotel and Restaurant Associations of India (FHRAI) on Saturday expressed serious concerns over unilateral changes made by global online travel agency Agoda to its commission structure and terms of engagement with Indian hospitality partners.
No plan to levy GST on UPI transactions over Rs 2,000: Govt
New Delhi, April 18: The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
Gujarat CM Patel attends ICAI members' meet in Ahmedabad
Gandhinagar April 19: Gujarat Chief Minister Bhupendra Patel said that under the leadership of the Prime Minister, India is advancing toward becoming the world's third-largest economic superpower, with the CA community playing a key role as the intellectual property of the country's economic and social framework, said a statement from Gujarat CMO on Friday.
ICICI Prudential Life gets Rs 3.67 crore GST demand order
Mumbai, April 18: ICICI Prudential Life Insurance on Friday said that it has received an order from the GST Commissioner (Appeals), Mumbai, upholding a tax demand of around Rs 3.67 crore.
No GST on UPI transactions over Rs 2000, clarifies Ministry of Finance
New Delhi, April 18: The claims that the government is considering levying Goods and Services Tax (GST) on UPI transactions over Rs 2,000 are completely false, misleading, and without any basis, said the Ministry of Finance in a statement Friday.
GST officers asked to reduce compliance burden while processing registrations
New Delhi, April 18: Central Board of Indirect Taxes and Customs (CBIC) has issued instructions to the officers to reduce compliance burden while processing GST registration applications, after it received grievances that people were facing difficulties during the GST registration process, mainly on account of queries raised by officers on the grounds of seeking additional documents, an official statement issued by the Ministry of Finance said on Friday.
CBIC issues revised instructions for processing GST registration applications
New Delhi, April 18: The Central Board of Indirect Taxes (CBIC) has issued revised instructions to the officers for processing GST registration applications, that will reduce compliance burden on taxpayers and facilitate rule-based transparency, it was announced on Friday.
India one of preferred markets with resilient macro conditions: Morgan Stanley
New Delhi, April 16: A Morgan Stanley report on Wednesday said that India is one of their preferred equity markets where macro conditions are resilient or sufficiently buffered by stimulus.
GST on apartment maintenance not new, rule exists since 2019: Tax officials
New Delhi, April 14: Amid rising concerns and confusion among apartment residents, tax officials have clarified that the Goods and Services Tax (GST) on apartment maintenance charges is not a new rule.
India's production showed signs of improvement in last fiscal, current fiscal may witness pressure: Bank of Baroda
New Delhi, April 14: The production in the country showed signs of improvement towards the end of the last financial year, supported by a rise in high-frequency indicators such as the manufacturing PMI, GST collections, and e-way bill generations, according to a report by Bank of Baroda.
Electronic permits register 20 pc growth at record 124.5 million in March
New Delhi, April 12 (IANS Electronic permits in India reached a record 124.5 million in the month of March, a 20 per cent increase on an annual basis, showing robust factory activity.
State's financial status is empowered: Karnataka Home Minister G Parameshwara
Mandya, April 10: Karnataka Home Minister G Parameshwara claimed that the state's financial status is empowered, and it ranks second across the country in terms of investment and Goods and Services Tax collections.
Karnataka ranks second in investment and GST: Home Minister G Parameshwara
Mandya, April 9: Karnataka Home Minister G. Parameshwara claimed on Wednesday that the state ranks second in the country in terms of investment and GST collection. He made the remarks while addressing a press conference at the District Congress Office in Mandya.
West Bengal achieves 11.43% GST collection growth in 2024-25, outperforming national-level: CM Mamata Banerjee
Kolkata, April 6: West Bengal Chief Minister Mamata Banerjee announced on Sunday that the state achieved a growth of 11.43 per cent in GST collection for the financial year 2024-25, two per cent higher than the national level.
Bengal witnessed 11.43 pc GST growth: Mamata Banerjee
Kolkata, April 6: West Bengal has witnessed an 11.43 per cent growth in Goods & Services Tax (GST) collection during the financial year 2024-25 over the corresponding figure achieved during the previous financial year of 2023-24, the Chief Minister Mamata Banerjee claimed on Sunday.
Censor Board clears Mammootty's 'Bazooka' for release with U/A certificate
Chennai, April 5: The Censor Board of Film Certification has now cleared director Deeno Dennis's action extravaganza 'Bazooka', featuring Malayalam superstar Mammootty, for release with a U/A certificate.
Haryana's tax collection outperforms national growth rate, sets record
Chandigarh, April 4: Haryana has reached a significant milestone in the collection of State Goods and Services Tax (SGST), outperforming the national growth rate and setting a record in 2024-25, Excise and Taxation Commissioner Vinay Pratap Singh said on Friday.
Jeremy Allen White, Jeremy Strong tease beautiful and unprecedented journey in Bruce Springsteen biopic 'Deliver Me from Nowhere'
Washington, April 4: Jeremy Allen White, who will portray The Boss in the upcoming biopic, introduced a sneak peek during a panel at CinemaCon 2025 in Las Vegas, reported People.
Bruce Springsteen to release seven 'Lost' albums in June
Los Angeles, April 3: American rock singer Bruce Springsteen is all set to release seven "lost" albums as part of an extensive box set to come out this summer.
Bruce Springsteen to release 'Tracks Volume 2 The Lost Albums' archival collection
Los Angeles, April 3: Legendary guitarist and singer Bruce Springsteen is set to release his project titled ‘Tracks II: The Lost Albums’ shortly.
RCB's Liam Livingstone completes 1,000 IPL runs
Bengaluru, April 2: Royal Challengers Bengaluru (RCB) batter Liam Livingstone completed 1,000 runs in the Indian Premier League (IPL) on Wednesday.
IPL 2025: Livingstone powered middle-order helps RCB post 169/8 against GT
Bengaluru, April 2: A brilliant fightback by middle-order batters Liam Livingstone, Jitesh Sharma and Tim David helped Royal Challengers Bengaluru (RCB) brave a top-order collapse and reach 169/8 against Gujarat Titans (GT) at the home ground of M Chinnaswammy Stadium on Wednesday.
IPL 2025: Livingstone, Jitesh and David carry RCB to 169/8 despite Siraj's three-fer
Bengaluru, April 2: Liam Livingstone, Jitesh Sharma and Tim David played handy knocks to lead the revival of Royal Challengers Bengaluru, as the hosts posted 169/8 in their 20 overs against Gujarat Titans in match 14 of IPL 2025 at the M Chinnaswamy Stadium on Sunday.
GST Council seeks revenue growth without public burden: Finance Minister
New Delhi, April 1: Finance Minister Nirmala Sitharaman emphasized on Tuesday that financial matters of the country and states should remain above politics.
Punjab sees record-breaking excise revenue of Rs 10,743.72 crore: Minister
Chandigarh, April 1: Punjab Finance Minister Harpal Singh Cheema said on Tuesday that the state's Excise and Taxation Department has reported a record-breaking excise revenue of Rs 10,743.72 crore for 2024-25, marking an impressive annual growth rate of 16.36 per cent compared to the previous fiscal.
GST collections for March 2025 surge 9.9% to reach Rs 1.96 lakh crore
New Delhi, April 1: The Gross Goods and Services Tax (GST) collections for March 2025 stayed at Rs 19,56,034 crore (Rs 1.96 lakh crore), surging 9.9 per cent, according to the government data released on Tuesday.
GST collections surge 9.9 per cent to Rs 1.96 lakh crore in March
New Delhi, April 1: India's goods and services tax collections surged by 9.9 per cent to Rs 1.96 lakh crore during March this year compared to the same month of the previous year, reflecting the higher level of economic activity and better compliance.
Arunachal's per capita income jumped by 105 pc in 9 years: CM Khandu
Itanagar, March 30: Arunachal Pradesh Chief Minister Pema Khandu on Sunday said that compared to 2016, the per capita income in the state jumped by 105 per cent this year, while GST collection increased by 584 per cent.
Relief on interest and penalty for taxpayers under 'Amnesty Scheme' in Gurugram: Official
Gurugram, March 30: Under the ‘Amnesty Scheme’ introduced by the Haryana government, taxpayers will be granted relief on the interest and penalty amounts payable under the GST Act for the financial years 2017-18, 2018-19, and 2019-20, provided they deposit only the principal tax amount by March 31, 2025, officials said.
HAL settles pending tax dues of Rs 2,470.97 crore under Abhay Yojana 2025
Mumbai, March 28: Hindustan Aeronautics Limited (HAL) has settled long-pending tax dues under the Maharashtra Tax, Interest, Penalty, or Late Fee (Settlement by Public Sector Undertakings) Act, 2025. Under this scheme, HAL has paid Rs 2,470.97 crore in a single payment.
Gujarat, Maharashtra, Karnataka and Odisha are top performing states financially: CareEdge Ratings
New Delhi, March 27: Gujarat, Karnataka, Maharashtra, and Odisha have emerged as the top-performing states in terms of financial strength.
The Bruce Springsteen letter which made 'Adolescence' actor Stephen Graham tear up
Los Angeles, March 26: Actor Stephen Graham has lots of appreciation coming his way as Bruce Springsteen has lauded him for playing the musician's late father, Douglas Frederick Springsteen in his upcoming biopic, 'Deliver Me from Nowhere'.
Budget aims to do reforms to build Viksit Bharat by 2047, says FM Niramala Sitharaman
New Delhi, March 25: Finance Minister Nirmala Sitharaman, on Tuesday, underscored the Union government's commitment to providing tax certainty and streamlining business regulations as part of the broader vision to build a Viksit Bharat by 2047.
Lok Sabha takes up discussion on Finance Bill, opposition members slam government over GST rates
New Delhi, March 24: Lok Sabha on Monday took up discussion on the Finance Bill, 2025 with opposition members accusing the government of "patchwork solutions" and "flawed GST" and BJP members lauding the economic performance of the government saying that country's GDP has more than doubled in the last 10 years.
Star Health faces Rs 49 crore GST demand from tax authorities
Mumbai, March 23: Star Health and Allied Insurance Company Limited has received 25 tax demand orders from the Goods and Services Tax (GST) authorities across multiple states.
GST officials step up drive to register more traders under tax regime
New Delhi, March 23: As part of the Union Finance Ministry’s outreach to increase the country’s tax base, the field formations of the Central Goods and Services Tax (CGST) Commissionerate have launched awareness campaigns to increase registration and compliance under the GST regime.
Enforcement actions against online money gaming firms intensified ahead of IPL season
New Delhi, March 22: The enforcement actions against offshore online gaming entities have been intensified by the Directorate General of Goods and Services Tax Intelligence (DGGI).
Omar Abdullah govt introduces its first bill in Assembly
Jammu, March 22: The Omar Abdullah government in J&K on Saturday introduced its first bill in the Assembly, seeking to amend the UT's Goods and Services Tax to align this with the Central law.