The GST revenues for the month of June 2021 are 2% higher than Rs 90,917 crore collected in June 2020.
GST revenues have crossed Rs 1 lakh crore mark with a record GST revenue collection of Rs 1.41 lakh crore in April 2021.
GST has replaced the complex indirect tax structure with a simple, transparent, and technology-driven tax regime.
The Central Board of Indirect Taxes and Customs (CBIC) had on June 14 notified reduced GST rate on 18 Covid-19-related supplies
GST registration applies to all commission and brokerage income irrespective of the taxpayer's turnover limits
The Council in its June 12 meeting had decided to reduce GST on Covid-19 drug Tocilizumab and black fungus medicine Amphotericin B to 'nil', from 5%
The way the vexatious issue was tackled raises the possibility of collective brainstorming to tackle the central issues of a pandemic-riddled economy.
FM Nirmala Sitharaman has formed a panel of eight ministers from different states who have studied the recommendations on the contentious matter
The report of the panel of state ministers would be discussed in the next GST council meet, which is expected soon
Yes Bank surged 5.90% after the bank said that its board will meet on Thursday, 10 June 2021,