Gross Goods and Services Tax (GST) collections have stayed above the Rs 1 lakh crore mark for the third consecutive month in May. However, the mop-up so far for this financial year is lagging behind the required run rate by around Rs 13,500 crore.
The rupee appreciated by 31 paise to 69.39 against the U.S. dollar in opening trade on Monday, driven by easing crude prices and higher opening in domestic equities.
New Delhi: The government is all set to take action against tax and money laundering with the help of data analysis to detect overstated goods and services tax (GST) claims that do not match up with income tax returns (ITR).
NEW DELHI: Back in office, the Modi government is set to take up the next stage of action against tax evasion and money laundering with data analysis helping detect thousands of overstated goods and services tax (GST) claims that don’t match up with income tax returns.
Bhubaneswar: Puri collector Balwant Singh Sunday asked bankers to reschedule agriculture and MSMEs loans, which is a total of Rs 250 crore, as fast as possible to alleviate worries of the Fani-affected.
Finance Minister Nirmala Sitharaman began work on Saturday by taking detailed briefings from four of five departments of the finance ministry. The minister is also expected to hold talks with Reserve Bank of India Governor Shaktikanta Das soon.