GST compliance

FinMin to issue appreciation certificate to 54, 439 GST payers

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FinMin to issue appreciation certificate to 54, 439 GST payers

The finance ministry on Wednesday said it will issue certificates of appreciation to over 54,000 GST payers for timely filing of returns and cash payment of the tax, to mark the fourth anniversary of the historic tax reform Goods and Services Tax. More than 66 crore GST returns have been filed so far and lower … Read more

GST slashed tax rates doubled taxpayer base to 1.24 crore: Finance Ministry

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GST slashed tax rates doubled taxpayer base to 1.24 crore: Finance Ministry

The Finance Ministry on Monday said GST has reduced the rate at which people have to pay tax, helped increase compliance and doubled taxpayer base to 1.24 crore. In a series of tweets, on the first death anniversary of former Finance Minister Arun Jaitley, the ministry said before goods and services tax ( GST), the … Read more