sales tax

Karnataka GST collections on upswing, points to revival in buying sentiment

by
Karnataka GST collections on upswing, points to revival in buying sentiment

BENGALURU: Karnataka’s Goods and Services Tax (GST) collection for October has surpassed that of the same month last year, in an indication of a pick-up in business and purchasing sentiment. The state’s commercial taxes department has collected Rs 3,680 crore in state GST (SGST) this month against Rs 3,056 crore in October 2019. The figures … Read more

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

by
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