Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
In April 2025, the revenue from the Goods and Services Tax (GST) hit an all-time high of ₹2.37 lakh crore. This figure represents a growth of 12.6% compared to the same time last year, based on information from the central government. This outperformed the previous second-highest collection of Rs 2.10 lakh crore recorded in April […]
N. Chandrababu Naidu, the Chief Minister of Andhra Pradesh, announced that a new artificial intelligence tool used for issuing occupancy certificates has identified about 1,000 builders who have not registered for the Goods and Services Tax (GST). At the time of a tax review meeting with revenue-earning departments on 9th April, Naidu highlighted leveraging AI […]
In the collection of the GST revenue in India, Chhattisgarh has emerged as the fastest-growing state that achieving an unprecedented 18% growth rate in the fiscal year 2024-25, as per the state officials. A total GST revenue collection of Rs 16,390 crore has been recorded in Chhattisgarh, which exceeds all the other states in annual […]
Finance Minister Nirmala Sitharaman said that the government can ‘realistically’ achieve personal income tax collection targets even after proposing a huge tax relief while responding to the debate on the budget in the Lok Sabha. The House passed the Finance Bill 2025, the piece of legislation that furnishes legal backing to the tax proposals and […]
A one-time tax settlement scheme has been introduced by The Haryana government to furnish tax relief and waivers for small traders. The same initiative is anticipated to simplify the financial burden on businesses stumbling with pending tax disputes. The one-time tax settlement scheme proposes significant exemptions on outstanding tax amounts, aiding a wide range of […]
The Maharashtra Legislative Council in a move to solve the long-standing tax disputes has sanctioned a bill granting an amnesty to Public sector undertakings (PSUs) of the Central and state governments for their tax dues to the Maharashtra government. Amnesty Scheme Expected to Generate ₹8K Crore in Revenue State Finance Minister Ajit Pawar presenting the […]
The Indian government recommends a 12% temporary tax on certain steel products for 200 days, called a safeguard duty, to curb imports, as per the notice. The Directorate General of Trade Remedies (DGTR), which comes under the federal trade ministry, said in the notice that the “Authority considers that a provisional safeguard duty of 12% […]
In February 2025, Goods and Services Tax (GST) revenue collections increased by 9.1%, reaching Rs. 183,646 crore, primarily driven by a robust double-digit growth in revenue from domestic sources. GST on a gross basis from domestic sources, which is directed to the transactions within the country, has surged to 10.2% to Rs 1,41,945 crore while […]
Punjab Finance Minister Harpal Singh Cheema articulated that the Excise and Taxation department has conducted targeted Goods and Service Tax (GST) registration drives to widen the GST base, consequence in the addition of 46,338 new taxpayers in 2023-24 and approximately 33,000 new taxpayers up to December 2024. To educate taxpayers on filing procedures, and compliance […]
