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GST collections in July

GST collections in July crossed Rs 96,000 crore

GST collections in July month crossed Rs 96,483 crore. on the comparison with Rs 95,610 crore revenue collected for May, Rs 94,016 crore received for April, and Rs 1.03 lakh crore for March.

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GST monthly collections

GST monthly collections slightly below then April

Total 62.46 lakh businesses filed their summary sales return Form GSTR-3B in the month of May 2018. New Delhi, Riding on better compliance after introduction of e-way bills, In May, the GST monthly collections came at Rs 94,016 crore, Ministry of Finance said in a notification. Against an average mop up of nearly Rs 90,000 […]

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Income Tax Return Filers

Nearly 1 crore Income Tax Return Filers Added In 2017-18

New Delhi: More Indians are now Income Tax Return Filers nearly 1 crore new filers joining new tax filers joined the system.in 2017-18.  The income tax department said during 2017-18 26% surge in income tax returns filed for the year with filing of 6.8 crore income tax returns as against 5.4 crores returns in the […]

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GST Revenue In 2018-19

GST Revenue In 2018-19 To Grow 14%-16%, Says SBI Report

New Delhi: Due to recent speculation on the GST collection target for the current and next fiscals as being “overtly aggressive”, state-run State Bank of India on Monday estimated that the GST Revenue in 2018-19 would grow at a rate of 14-16 %, bringing it closer to the decadal growth rate in indirect taxes of […]

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