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GST on UPI payments: The finance ministry termed the reports ‘completely false, misleading, and without any basis', strongly denying the claims of levying GST over UPI transactions above ₹2,000.
Gross GST revenues saw over 9% jump to ₹ 22,08,861 crore in 2024-25 as compared to ₹ 20,18,249 crore in 2023-24. The new financial year saw record collection in the month of April this year at ...
VIJAYAWADA: Andhra Pradesh registered a two percent decline in the GST revenues for May 2025, while GST revenues of the country as a whole registered a 13.66% jump, compared to May 2024.
Liberals are pushing ahead with a tax cut on some new homes. Here’s everything you need to know Federal legislation would see first-time homebuyers get a rebate on some or all GST on new homes.
In May, 2024, the mop-up was ₹1,72,739 crore. Meanwhile, total refunds during the month fell 4% to ₹27,210 crore. Net GST mop-up stood at about ₹1.74 lakh crore, a 20.4% year-on-year growth.
GST collections have surpassed Rs 2 lakh crore for the second consecutive month in May 2025, reaching Rs 2.01 lakh crore, a 16.4% increase year-on-year, according to the Ministry of Finance.
GST collections are a powerful testament not only to India’s economic resilience, but to the system’s evolving efficiencies. GST collections in April 2025, yet again, hit a record high of Rs ...
India’s Goods and Services Tax (GST) collections soared past the ₹2 lakh crore mark for the second consecutive month in May, reaching ₹2.01 lakh crore.
I applied for a GST registration number for a firm in which my wife and daughter are partners 20 days ago." He mentioned, "Objections started coming in. Till today, the number has not been allotted.
Gift 5 articles to anyone you choose each month when you subscribe. Queensland Treasurer David Janetzki has written to his federal counterpart Jim Chalmers asking for a rethink of the latest GST ...
April GST numbers are a seasonal quirk, boosted by the year-end push, and not a barometer of steady consumption growth. Mint explores the trends hidden behind the headline numbers.
GST collections hit record high! The Goods and Services Tax (GST) revenue reached a record-breaking Rs 2.37 lakh crore in April, showing a 12.6 per cent year-on-year increase, according to ...