Tag: GST

14% Decline in GST Collection in July 2020 As Compared with July 2019
GST, COVID-19

14% Decline in GST Collection in July 2020 As Compared with July 2019

SMEStreet Desk- August 2, 2020

The government has settled ₹ 23,320 crore to CGST and ₹ 18,838 crore to SGST from IGST as regular settlement. The revenues for the month are 86% of the GST revenues in ... Read More

Odisha Registered Positive Growth in GST Collection
GST, Finance

Odisha Registered Positive Growth in GST Collection

SMEStreet Desk- August 2, 2020

The Odisha GST collection in July increased to Rs 794.02 Cr as against Rs 702.44 Cr made in same period in 2019, registering a growth ... Read More

Finance Ministry Mulling on Revision GST Share Between Central & State Governments
GST, Banking & Finance

Finance Ministry Mulling on Revision GST Share Between Central & State Governments

SMEStreet Desk- July 29, 2020

Finance Secretary Ajay Bhushan Pandey told the Parliamentary Standing Committee on Finance that the government is in no position to pay the GST share of ... Read More

Govt’s to Further Simplify Direct Tax Laws: Nirmala Sitharaman
Taxation, Finance

Govt’s to Further Simplify Direct Tax Laws: Nirmala Sitharaman

SMEStreet Desk- July 25, 2020

Nirmala Sitharaman on the 160th Income Tax Day, lauded department for being responsive to the needs of the taxpayers during this pandemic time by relaxing ... Read More

Finance Secy Hinted for Further Reduction in GST Slabs
GST, Finance

Finance Secy Hinted for Further Reduction in GST Slabs

SMEStreet Desk- July 24, 2020

Ajay Bhushan Pandey said, "We are quite aware of this and we are undertaking the exercise. The ultimate aim should be that we collect minimum ... Read More

GST Collection In June Registered at Rs 90917 Crore
GST, Finance

GST Collection In June Registered at Rs 90917 Crore

SMEStreet Desk- July 1, 2020

"The gross GST revenue collected in the month of June 2020 is Rs 90,917 crore of which CGST is Rs 18,980 crore, SGST is Rs ... Read More

File NIL GST Statement in Form GSTR-1 Through SMS: Finance Ministry
GST, Banking & Finance

File NIL GST Statement in Form GSTR-1 Through SMS: Finance Ministry

SME STREET- June 28, 2020

With the facility of SMS getting activated, now taxpayers with NIL liability need not log on to the GST Portal and may file their NIL ... Read More