Gross revenue on account of Goods and Services Tax (GST) totalled Rs 99,939 crore in June, up 4.52 per cent from Rs 95,610 crore in the corresponding period of last year, the Central government said on Monday.

GST revenue collections for June total Rs 99,939 crore

Former finance minister Arun Jaitley said on Monday that implementing the Goods and Services Tax (GST) regime two years ago was a monumental restructuring of one of the world`s clumsiest indirect tax system.

GST restructured one of the world's clumsiest indirect tax system: Arun Jaitley

The all-powerful GST Council Friday extended the tenure of the anti-profiteering authority by two years and approved imposing a penalty of up to 10 per cent on entities not passing on benefits of GST rate cuts to consumers.

GST Council extends anti-profiteering authority's tenure, sends rate cut on EVs to fitment panel

Gross revenue on account of Goods and Services Tax (GST) in May totalled Rs 100,289 crore, up by 6.67 per cent from Rs 94,016 crore in the corresponding period of last year, the government said on Saturday.

GST revenue collections cross Rs 1 lakh crore in May

Congress leader Priyanka Gandhi Vadra Wednesday invoked her Delhi roots during a roadshow here, and threw an open challenge at Prime Minister Narendra Modi to fight the last two phases of the Lok Sabha election on the issue of the "false promises" he made to people.

Priyanka Gandhi invokes Delhi roots, challenges PM Modi to fight elections on false promises

Prime Minister Narendra Modi Friday said opposition leaders are in a race to support Pakistan on the issue of military operations against terror camps in the neighbouring country.

Those who said there is no 'wave' have now knelt before it: PM Modi

Congress president Rahul Gandhi Friday said his party's 'Nyay' scheme will help in revival of the economy and create jobs in the country which has been badly affected by demonetisation and GST decisions of the Narendra Modi government.

'Nyay' will revive economy, create jobs, says Rahul Gandhi in Gujarat rally

National Real Estate Development Council lauded the Goods and Services Tax rate cut on real estate announced on Sunday. The council's national president Niranjan Hiranandani said, "Industry lauds the GST rate cut on real estate to 5 per cent on non-affordable and 1 per cent on affordable housing without the input tax credit.

National Real Estate Development Council lauds GST rate cut

Pope Francis compares child sex abuse to 'human sacrifice', says Church would bring abusers to justice Pope Francis on Sunday compared the sexual abuse of children to human sacrifice as he addressed the Catholic Church's top bishops at the end of a landmark summit to tackle paedophilia.

News brief: Big stories of the day

In a big relief to home buyers, the GST Council Sunday slashed tax rates on under-construction housing properties to 5 per cent without the input tax credit, from the existing 12 per cent, Finance Minister Arun Jaitley said.

Relief for homebuyers: GST on under-construction flats slashed to 5%; affordable housing to attract 1%

Urban local bodies and state development authorities should be made responsible for any delay in giving approvals to real estate projects, just as developers are held accountable for not completing houses on time under the new reaity law RERA, Vice President M Venkaiah Naidu said Thursday.

State agencies should be held responsible for delaying approvals to realty projects, says Naidu

Madam Speaker, I rise to present the Interim Budget for the year 2019-20. PART A 2. I am deeply conscious of the absence of Shri Arun Jaitley today. Also read: Big takeaways from Union Budget 2019 I am sure the House joins me in wishing Shri Jaitley speedy recovery, good health and long life in the service of the nation.

Budget 2019: Full text of finance minister Piyush Goyal's speech in Parliament

GST collections in January crossed Rs 1 lakh crore-mark after a gap of two months, the Finance Ministry said Thursday. "The total gross GST Revenue collected in the month of January, 2019 has today crossed Rs 1 lakh crore.

GST collections top Rs 1 lakh crore in January

A man has been arrested for allegedly issuing fake invoices to claim Rs 177.64-crore input tax credit, the Central GST department said Saturday. The man, identified as Ehsas Ali Saiyad, a resident of Vadodara, was the mastermind of a scam involving issuing of fake invoices, said the office of the Central GST and Central Excise Commissionerate in a release in Gandhinagar.

Man arrested in Gujarat for Rs 177-crore GST fraud

Union Minister Nirmala Sitharaman Wednesday termed the NDA government’s 2017 rollout of the Goods and Services Tax (GST) as the “biggest reform” taken as part of a “systemic reform” and pitched India as a bright spot for investors.

GST rollout biggest reform taken as part of systemic reform: Nirmala Sitharaman

Union Railway Minister Piyush Goyal said that the previous governments could not successfully implement the Goods and Services Tax (GST) as their negotiations did not come from a "clean heart.

GST wasn't implemented earlier as negotiations were not done with clean heart: Piyush Goyal

In a bid to give relief to small businesses, the GST Council Thursday doubled the exemption limit and raised the threshold for availing the composition scheme. The GST Council doubled the GST exemption limit to Rs 20 lakh for northeastern states and Rs 40 lakh for the rest of the country, Finance Minister Arun Jaitley told reporters here.

GST council meet: Relief for small businesses as exemption limit doubled

British Prime Minister Rishi Sunak, who is currently dealing with an economic crisis before the general elections, is in the news for a private jet he took last year that was apparently funded by an entrepreneur named Akhil Tripath who is also a minor Tory donor.

RBI likely to give government bumper interim dividend: Sources

North Korea warns: Kim says 'new path' inevitable if US demands unilateral action North Korean leader Kim Jong Un said on Tuesday that his resolve for complete denuclearisation remains unchanged but he may have no option but to seek a "new path" if the United States continues to demand unilateral action from North Korea.

In a new year gift to the common man, the government has notified reduction in GST rates on 23 goods and services, including movie tickets, TV and monitor screen.

New GST rates in effect from today: 23 goods and services to get cheaper

The total number of sales returns or GSTR-3B filed till December 30, 2018, is 72.44 lakh, the finance ministry said in a statement.

GST collection drops to Rs 94,726 crore in December

The US dollar strength, oil prices and next year's general elections will determine the rupee's direction in the near-term, with fundamentals being supportive for the domestic currency over the next 6-12 months, says a report by Standard Chartered.

US dollar strength, oil prices, general elections to determine rupee direction in near term: Report

The government is looking at bringing untaxed sectors in the tax net as well as improving compliance to raise the tax-to-GDP ratio, Revenue Secretary Ajay Bhushan Pandey said.

Focussing on improving compliance, identifying areas which escaped tax net: Revenue Secretary AB Pandey

Political differences came into open at the GST Council meeting on Saturday with finance ministers of opposition-ruled states objecting to rate cut, citing revenue consideration but finally agreeing after a BJP minister proposed that the minutes be recorded and compared with their speeches delivered outside.

Opposition-ruled states oppose rate cuts in GST citing revenue consideration

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GST revenue collections for June total Rs 99,939 crore

GST restructured one of the world's clumsiest indirect tax system: Arun Jaitley

GST Council extends anti-profiteering authority's tenure, sends rate cut on EVs to fitment panel

GST revenue collections cross Rs 1 lakh crore in May

Priyanka Gandhi invokes Delhi roots, challenges PM Modi to fight elections on false promises

Those who said there is no 'wave' have now knelt before it: PM Modi

'Nyay' will revive economy, create jobs, says Rahul Gandhi in Gujarat rally

National Real Estate Development Council lauds GST rate cut

News brief: Big stories of the day

Relief for homebuyers: GST on under-construction flats slashed to 5%; affordable housing to attract 1%

State agencies should be held responsible for delaying approvals to realty projects, says Naidu

Budget 2019: Full text of finance minister Piyush Goyal's speech in Parliament

GST collections top Rs 1 lakh crore in January

Man arrested in Gujarat for Rs 177-crore GST fraud

GST rollout biggest reform taken as part of systemic reform: Nirmala Sitharaman

GST wasn't implemented earlier as negotiations were not done with clean heart: Piyush Goyal

GST council meet: Relief for small businesses as exemption limit doubled

RBI likely to give government bumper interim dividend: Sources

News brief: Big stories of the day

New GST rates in effect from today: 23 goods and services to get cheaper

GST collection drops to Rs 94,726 crore in December

US dollar strength, oil prices, general elections to determine rupee direction in near term: Report

Focussing on improving compliance, identifying areas which escaped tax net: Revenue Secretary AB Pandey

Opposition-ruled states oppose rate cuts in GST citing revenue consideration