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Arunachal Pradesh has witnessed a dramatic rise in Goods and Services Tax (GST) collections, with revenue climbing over 700 per cent in six years to nearly Rs 1,900 crore in 2023-24 from just Rs 227 crore in 2017-18, Deputy Chief Minister Chowna Mein said on Friday.Speaking at a BJP programme on GST reforms in Namsai…
During the Outreach and Interaction Program on Next Gen GST Reforms, FM Sitharaman highlighted that post-tax reforms. (PTI photo) GST rate cuts impact: Finance Minister Nirmala Sitharaman on Wednesday said that GST rate cuts announced by the Modi government, effective September 22, will inject Rs 2 lakh crore into the economy.“With this new gen tax…
Insurers will no longer be able to claim input tax credit (ITC) on Goods and Services Tax (GST) paid on commissions and brokerage for individual health and life insurance policies from September 22, the Central Board of Indirect Taxes and Customs (CBIC) clarified on Tuesday. The move comes ahead of the implementation of the new…
MUMBAI/NEW DELHI: Welcoming SC’s order in Waqf Amendment Act, Union minister Kiren Rijiju said Monday the judgment has validated govt’s case for significant reforms in waqf laws, emphasising the amended Waqf Act remains fully operational.Rijiju who piloted the legislation in Parliament emphasised that govt in its affidavit said the Act had been drafted with due…
Union finance minister Nirmala Sitharaman speaking at a joint conclave of trade and industry associations in Chennai (Picture credit: PTI) Union finance minister Nirmala Sitharaman on Sunday described the latest Goods and Services Tax (GST) reforms as a huge victory for every Indian, saying they would ease the tax burden on citizens while giving a…
