Category: GST Press release

Ministry of Finance GST revenue collection for October 2023 is second highest ever, next only to April 2023, at ₹1.72 lakh crore; records increase of 13% Y-o-Y Revenue from domestic transactions (including import of services) is also 13% higher Y-o-Y Average gross monthly GST collection in FY 2023-24 now stands at ₹1.66 lakh crore; 11%…

Ministry of Commerce & Industry 60th Foundation Day of Indian Institute of Foreign Trade Indian Institute of Foreign Trade (IIFT), New Delhi celebrated its Diamond Jubilee on its 60th Foundation Day today. On this significant occasion, Prof. Satinder Bhatia, Vice-Chancellor, IIFT remembered Late Shri HD Shourie, the founding Director General. She mentioned that he was…

Ministry of Finance GST revenue collection for April 2023 highest ever at Rs 1.87 lakh crore Gross GST collection in April 2023 is all time high, Rs 19,495 crore more than the next highest collection of Rs. 1,67,540 crore, in April 2022 GST revenues for April 2023 are 12% higher than the GST revenues Y-o-Y…

Ministry of Finance ₹1,49,577 crore gross GST revenue collected in February 2023; 12% higher than GST revenues in same month last year Monthly GST revenues more than Rs 1.4 lakh crore for 12 straight months in a row Y-o-Y revenues from import of goods 6% higher and domestic transaction (including import of services) 15% higher…

HIGHLIGHTS OF THE UNION BUDGET 2023-24 The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament today. The highlights of the Budget are as follows: PART A Per capita income has more than doubled to ₹1.97 lakh in around nine years. Indian economy has increased in size…

₹1,45,867 crore gross GST revenue collected for November 2022, records increase of 11% Year-on-Year Monthly GST revenues more than ₹1.4 lakh crore for nine straight months in a row Revenues from import of goods 20% higher and revenues from domestic transaction (including import of services) 8% higher than the same month last year The gross…

Minister asks Chartered Accountants of India to strive to take Indian Chartered Accountancy Firms to the global level Chartered Accountants must always be committed to promoting equitable and inclusive growth: Shri Piyush Goyal Shri Goyal asks more women to take up the profession of Chartered Accountancy Minister urges young CAs to explore paths of entrepreneurship…

Ministry of Commerce & Industry Shri Piyush Goyal calls for strengthening of ethics and corporate governance norms in startups Shri Piyush Goyal urges startups to incorporate and list in India and not move to tax havens The startup revolution must be taken to tier-2 and tier-3 cities and villages of India – Shri Piyush Goyal…

Ministry of Finance Rs 1,33,026 crore Gross GST Revenue collected for February 2022 GST collection crossed Rs 1.30 lakh crore mark for the 5th time Revenues for the month of February 2022 18% higher than the GST revenues in the same month last year and 26% higher than the GST revenues in February 2020 The…

Ministry of Finance Finance Minister Smt. Nirmala Sitharaman interacts with leaders of financial & capital markets   Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman interacted with the leaders of the financial & capital markets in Mumbai today. She asked the industry leaders to explore ways to further strengthen the sector. In her…