Tag: GST Collection

Total 3 Posts

GST leads to Formalization of Economy and Widening of Tax Base

New Delhi-Historic tax reform, the Goods and Service Tax , has resulted in formalization of economy and consequently information flow would eventually augment not only the Indirect Tax collections but also Direct Tax collections in India. In the past, the

One crore taxpayers have been registered under GST till 24th January

New Delhi-Total Revenue Collections under GST for the month of December 2017 stand at Rs. 86,703 crore till 24th January 2018.One crore taxpayers have been registered under GST so far till 24th January, 2018 of which 17.11 lakh are Composition

GST collections decline second straight month to Rs 80,808 cr

GST kept falling for the second straight month to 80 thousand 808 crore rupees in November from 83 thousand 346 crore crore in October.Goods and Services Tax collection for the month of July was over 95 thousand crore rupees, while