2023-09-17 01:15:34 Advance tax collections in the first half of 2023-24 have increased 20% year on year to ₹3.54 lakh crore, people privy to the development said. Collections could go up further in the final tally as the numbers reflected calculations till 11.30 pm on September 15 – the last day for paying advance tax … Read more
2023-09-14 15:53:02 A report of the Comptroller and Auditor General of India (CAG) on Kerala’s revenue sector for the financial year 2021-22 has found that the state’s revenue collection had decreased by 10 per cent from what it was in 2017-18, while the receipts from the Centre had increased. The report, tabled in the assembly … Read more
2023-09-01 17:51:14 GST collections grew by 11 per cent to over Rs 1.59 lakh crore in August on the back of improved compliance and reduced evasion, with experts forecasting higher mop-up to continue in the upcoming festive season. The gross GST revenue collected in August 2023 is Rs 1,59,069 crore of which Central GST is … Read more
2022-12-09 08:00:00 09 December 2022 Novagraaf Group To print this article, all you need is to be registered or login on Mondaq.com. From January 1, 2023, professional services in Chile will be subject to a value added tax of 19% following the publication in the Chilean Official Journal of Law No. 21.240. The prices of … Read more
2023-09-01 07:31:04 India’s goods and services tax collections grew to Rs 1.59 lakh crore in August, up 11 per cent on a year-on-year basis, the Finance Ministry said in a statement on Friday. The collection from Goods and Services Tax (GST) was Rs 1,43,612 crore in August 2022. GST collection had seen a similar annualised … Read more
2023-08-31 00:20:55 State tax authorities have sent notices to around 200 companies, including Colgate Palmolive, L’Oreal, Castrol, Saint-Gobain, Whirlpool, Mastek, Domino’s Pizza, and McDonald’s India, seeking tax under the pre-goods and services tax (GST) regime. These companies have moved various high courts and even the Supreme Court arguing that they cannot be taxed on the … Read more