Tuesday, September 16, 2025

GST

GST rate rejig shows promise of more access, growth in Indian pharma market

NEW DELHI: The recent restructuring in the Goods and Services Tax (GST) regime will not only make life-saving drugs and healthcare more affordable and accessible but also lead to growth in the country’s pharma market, according to a report.

It may not be possible to bring petrol, diesel under GST for time being: CBIC chief Sanjay Agarwal

NEW DELHI: As discussions continue to bring petrol and diesel within the ambit of Goods and Services Tax (GST), Chairman of the Central Board of Indirect Taxes and Customs (CBIC) Sanjay Kumar Agarwal said it may not be possible to bring these items under the indirect taxation for the time being.

GST on Health Insurance: What a Policyholder Should Know?

With the persistently rising healthcare costs in India, health insurance has become a vital tool to combat the medical inflation as it provides financial coverage for planned and unplanned treatments & illnesses. Hence, with its growing importance, it is also crucial to understand the health insurance cost. Apart from the premium amount, the major component which impacts the health insurance cost is the GST.

GST reforms to reduce complexity, improve compliance and lower costs for MSMEs: Report

NEW DELHI: In response to the adverse external developments, especially around US tariffs, the government has sought to soothe the economic impact by revitalising consumption, among other measures, with the GST 2.0 reforms, a report said on Monday.

Stock market opens higher, auto stocks lead rally over GST booster

MUMBAI: The Indian benchmark indices opened higher on Monday over the GST booster, amid tariff-related uncertainty between India and the US.

BJP MPs urge manufactures, traders to pass on GST rate cut to consumers

NEW DELHI: The BJP Parliamentary Party on Sunday unanimously approved a resolution calling upon manufacturers, traders, big and small, to ensure that the GST reductions announced by the Narendra Modi-led government flow directly to the consumer.

Gangster Goldy Brar's associate held with five pistols

CHANDIGARH: In a major breakthrough against organised crime amidst the ongoing drive to make Punjab a safe and secure state as per directions of Chief Minister Bhagwant Singh Mann, Punjab Police’s Anti-Gangster Task Force (AGTF) Punjab apprehended an associate of foreign-based Gangster Goldy Brar and recovered five .32 bore pistols along with 10 live cartridges from their possession, said Director General of Police (DGP) Punjab Gaurav Yadav here on Sunday.

Hyundai India slashes car prices by up to Rs 2.4 lakh after GST cut, effective Sep 22

NEW DELHI: Hyundai Motor India on Sunday announced that it will pass on the full benefit of the recent GST reforms to its customers, offering significant price cuts across its passenger vehicle range.

GST reforms, a milestone towards building Atmanirbhar Bharat: Haryana CM

CHANDIGARH: Haryana Chief Minister Nayab Singh Saini on Saturday said the Goods and Services Tax (GST) reforms announced by Prime Minister Narendra Modi from the ramparts of the Red Fort on Independence Day have been implemented within just a month.

PM Modi has given huge gift to common citizens in form of GST 2.0: Ashwini Vaishnaw

NEW DELHI: Union Electronics and IT Minister Ashwini Vaishnaw on Saturday said that Prime Minister Narendra Modi has given a big gift to common citizens in the form of next-generation GST reforms.

Indian stock market gains in volatile week amid GST reforms

MUMBAI: The Indian equities ended marginally higher this week as initial optimism around GST rationalisation trickled down and global trade tensions resurfaced.

‘GST reform biggest since Independence, Cong made tall promises but did nothing in 10-year rule’: Piyush Goyal

NEW DELHI: Union Minister of Commerce and Industry Piyush Goyal on Friday hailed the latest reforms in the Goods and Services Tax (GST) structure as “the biggest economic reform since Independence,” crediting Prime Minister Narendra Modi for fulfilling a long-awaited vision to simplify India’s tax system.

Exposure to SA20 helped youngsters get ready for the big stage: Graeme Smith

NEW DELHI: With South Africa’s youngsters shining in series wins over Australia and England, SA20 League Commissioner Graeme Smith believes the league has helped the young guns perform at a high level when called up to the international stage.

GST reforms to help textiles sector reach $350 billion by 2030: Govt

NEW DELHI: The next-generation GST reforms are a historic leap forward for India’s textile sector, serving as a catalyst for the country’s march towards becoming a $350 billion textile economy by 2030, according to the government.

GST reforms reflect ‘Swasth Bharat’ vision by making essentials affordable: PM Modi

NEW DELHI: Prime Minister Narendra Modi on Thursday said that the next-generation GST reforms are a step towards building a healthier and stronger India.

GST reforms to boost national growth, spur Delhi’s economy: CM Rekha Gupta

NEW DELHI: Delhi Chief Minister Rekha Gupta on Thursday welcomed the new reforms announced by the GST Council, describing them as a decisive step that will give fresh momentum to the city’s economy and prove to be a milestone in the country’s growth journey.

GST reforms may cost Centre just 0.05 pc of GDP: Bernstein

NEW DELHI: The sweeping changes in Goods and Services Tax (GST) rates announced by the government may have only a minor impact on public finances, with the fiscal burden on the Centre expected to be just Rs 18,000 crore, according to a report by global brokerage Bernstein on Thursday.

Jitan Ram Manjhi hails PM Modi’s vision, calls GST reform ‘historic’

NEW DELHI: Union Minister Jitan Ram Manjhi on Thursday lauded Prime Minister Narendra Modi’s development road map, calling the recent Cabinet decisions on Micro, Small and Medium Enterprises (MSMEs) and Goods and Services Tax (GST) “milestones” towards building a 'Viksit Bharat' by 2047.

GST 2.0 a truly historic reform for New India, says Maha CM Fadnavis

MUMBAI: Maharashtra Chief Minister Devendra Fadnavis hailed the GST 2.0 reforms, calling the move to a two-slab structure a “truly historic reform for New India.”

'Next-Gen' GST reforms to cut healthcare cost, lead towards fit, healthy Bharat: JP Nadda

NEW DELHI: Calling the reforms made in the Goods and Services Tax (GST), truly next-gen in nature, Union Health Minister J.P. Nadda on Thursday said that it will bring down the healthcare costs and lead towards a fit and healthy Bharat.

Trinamool claims 'moral victory' after Centre scraps 18 pc GST on health insurance policies

KOLKATA: The Trinamool Congress has claimed moral victory after the Union government exempted Goods and Services Tax (GST) from individual health and life insurance policies.

GST booster: Sensex rallies over 550 points in morning trade, Nifty Auto jumps 2.51 pc

MUMBAI: The Indian benchmark indices opened higher on Thursday, buoyed by transformative rate reductions announced by the GST Council across sectors.

TN BJP hails PM Modi's GST reforms, contrasts with Trump‘s tariff policies

CHENNAI: The Tamil Nadu unit of the Bharatiya Janata Party (BJP) on Thursday described Prime Minister Narendra Modi’s Goods and Services Tax (GST) reforms as a “transformative step” that has reshaped India’s economy, while drawing a sharp contrast with the tariff policies of US President Donald Trump.

HM Amit Shah, Rajnath Singh, CMs of BJP-ruled states hail PM Modi's leadership for 'historic' GST reforms

NEW DELHI: Lauding Prime Minister Narendra Modi's visionary leadership for delivering on his promises to the people of the country, Union Home Minister Amit Shah termed the GST tax rate cuts and reforms as a "truly transformative decision" and added that these reforms will not only "ensure ease of living but also give a big boost to ease of doing business, especially for small traders and entrepreneurs".

GST reforms to boost affordability of life saving drugs, address public health: Pharma experts

NEW DELHI: The reforms made in Goods and Services Tax (GST) by the GST Council, in its 56th meeting on Wednesday, will boost the affordability of life-saving drugs as well as address public health, pharma industry experts said.

GST 2.0: What gets cheaper and costlier from Sep 22

NEW DELHI: The GST Council on Wednesday approved historical changes to India's indirect tax structure — adopting a 5 per cent and 18 per cent tax structure — and several daily-use goods will become cheaper from September 22.

GST Council approves 5 and 18 pc tax structure, to be implemented from Sep 22

NEW DELHI: In a landmark move, the GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday rationalised the indirect tax structure, cutting the current four slabs down to two -- scrapping the 12 per cent and 28 per cent rates, while retaining the 5 per cent and 18 per cent slabs.

Centre simplifies GST registration process for small and low-risk businesses

NEW DELHI: The government on Wednesday said that in order to continue with ease of doing business reforms, the GST registration process has been further simplified, especially for small businesses and low-risk applicants.

GST on 33 cancer drugs, rare disease medicines slashed to 0 from 12 pc: FM Sitharaman

NEW DELHI: In a historic move, the Union government has slashed the Goods and Services Tax (GST) rates for 33 cancer drugs and rare medicines -- from 12 to zero per cent.

No GST on life and health insurance premiums from Sep 22

NEW DELHI: In a significant development for policyholders, GST on individual health and life insurance premiums, which currently stands at 18 per cent, has been reduced to nil in the 56th GST Council meeting, and will come into effect starting September 22.

Andhra Pradesh backs GST reforms proposed by Centre

AMARAVATI: The Andhra Pradesh government has asserted its support for next-generation GST reforms proposed by the Centre.

Nifty, Sensex open flat as investors eye GST Council meet outcome

MUMBAI: The Indian benchmark indices opened flat on Wednesday, tracking weak global cues, while investors await the outcome of the two-day GST Council meeting to revise rates.

Indian Heritage Hotels Association demands GST exemption for foreign tourists

JAIPUR: The Indian Heritage Hotels Association (IHHA) has submitted a memorandum to Union Tourism Minister Gajendra Singh Shekhawat seeking GST exemption for foreign tourists.

GST 2.0, rising rural incomes, easing inflation may spark big consumption revival in India: Report

MUMBAI: The combination of the upcoming GST 2.0 reforms, rising rural incomes and easing inflation could set the stage for a major revival in India’s consumption story, a new report said on Tuesday.

Sensex, Nifty open marginally higher ahead of key GST meet

MUMBAI: The Indian benchmark indices opened marginally higher on Tuesday as investors are keen on the two-day GST Council meeting this week, where a major rate overhaul is expected.

India’s earnings peak still ahead due to GST reforms, macro fundamentals; strong case to re-rate: Report

NEW DELHI: India's equity market might be underestimating the likely turn in its growth cycle, as the nation may be able to take a larger share of global output due to macro fundamentals and earnings recovery, a report said on Monday.

Morgan Stanley ups India’s GDP growth forecast, expects cut in GST to spur demand

NEW DELHI: Morgan Stanley has raised its forecast for India’s GDP growth in 2025-26 on the back of the robust 7.8 per cent growth in the April-June quarter and expects the forthcoming cuts in GST to spur domestic demand, which would offset the decline in exports due to the US tariff hike.

Gangster Lakhbir Landa behind Jeweller attack case: main shooter held

CHANDIGARH: In a major breakthrough against organized crime amidst the ongoing drive to make Punjab a safe and secure state as per directions of Chief Minister Bhagwant Singh Mann, Punjab Police’s Anti-Gangster Task Force (AGTF) has arrested a main shooter involved in Jeweller attack case, said Director General of Police (DGP) Punjab Gaurav Yadav here on Saturday.

GST booster: Stock market shows resilience against global uncertainties this week

MUMBAI: The domestic stock market started the week with a gap-up, driven by optimism surrounding GST rationalisation, analysts said on Saturday, adding that this week underscored India’s dual strategy of cushioning external headwinds while reinforcing domestic growth drivers.

Punjab FM demands Immediate Release of Rs.50,000 Crore by Centre to Cover GST Losses

CHANDIGARH: Punjab Finance Minister Advocate Harpal Singh Cheema has strongly demanded that the Central Government immediately release compensation of Rs.50,000 crore to Punjab to cover losses after GST implementation.

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IPL 2022: Kumar Kartikeya emerges as yet another exciting youngster for Mumbai Indians

MUMBAI: When Kumar Kartikeya Singh was announced as the replacement for an injured Arshad Khan in the Mumbai Indians' squad in IPL 2022, many had little knowledge about who he was and what he brought to the table.

AGTF arrests three aides of gangster Lawrence Bishnoi and Canada based Goldy Brar, arms seized

CHANDIGARH: The Anti-Gangster Task Force (AGTF) of Punjab Police on Sunday arrested three close aides of jailed gangster Lawrence Bishnoi and Canada-based gangster Goldy Brar from Bathinda.

Clear all the pending cases of VAT and GST by June end: Taxation Commissioner tells officers

CHANDIGARH/JALANDHAR/LUDHIANA: Taxation Commissioner Punjab Mr Kamal Kishor Yadav today directed the Taxation officers to refund all the pending cases of VAT and GST by end of June.

GST Council meet: Extension of compensation cess to be in focus

NEW DELHI: The much-awaited 47th Goods and Services Tax (GST) Council meeting, with its focus on GST rate restructuring and extension of GST compensation cess, will now possibly be held in the first week of May, once the Union Finance Minister Nirmala Sitharaman returns from her 10-day visit to the US after attending the World Bank-IMF meeting earlier this month.

Two aides of slain gangster Jaipal Bhullar arrested by Punjab AGTF

CHANDIGARH: In an ongoing drive against absconding gangsters, Anti Gangster Task Force (AGTF) of Punjab Police arrested two aides of slain gangsters-turned-drug smugglers Jaipal Singh Bhullar and Jaspreet Singh alias Jassi from Tarn Taran.

GST detects Rs 10 cr cash, turnover of Rs 1,764 cr in toilet-sized office

MUMBAI: In a shocker, the Maharashtra GST Department raided and detected cash, silver bars worth Rs 10 crore, plus a business turnover of a staggering Rs.1,764 crore from an office measuring just 35 sq.feet -- smaller than a home toilet.

CBI arrests two CGST officials for taking bribe

NEW DELHI: The Central Bureau of Investigation (CBI) on Thursday arrested two superintendents in CGST and Customs Excise department, Bhopal, for allegedly demanding and accepting a bribe of Rs 2 lakh from the complainant.

SP leader booked under Gangster Act for land grab

ETAH: Former Samajwadi Party legislator Rameshwar Singh Yadav has been booked under the Uttar Pradesh Gangsters and Anti Social Activities (Prevention) Act for grabbing government land.

Anti-Gangster Task Force to intensify action: Punjab DGP

CHANDIGARH: With newly constituted Anti-Gangster Task Force (AGTF) swinging into action, Director General of Police (DGP) Punjab V.K. Bhawra on Monday gave a clarion call to the people of the state to join hands with the police against the anti-social elements trying to disrupt the peace and harmony.

Mumbai businessman nabbed for Rs 14 crore GST fraud

MUMBAI: The Maharashtra state GST Department has arrested a businessman for generating fake bills of Rs 102 crore to make bogus input tax credit claims of Rs 14 crore, an official said here on Saturday.

Showing zero tolerance towards gangsters, Bhagwant Mann directs AGFT to function effectively without any fear and prejudice

CHANDIGARH: Showing zero tolerance towards gangsterism, the Punjab Chief Minister Bhagwant Mann on Friday asked the Anti Gangster Task Force (AGTF) to stamp out gangsters from the state in order to repose people’s full faith and confidence in the law and order machinery.

Bhagwant Mann asks CPs, SSPs to play frontal role in war against gangsters

CHANDIGARH: Punjab Chief Minister Bhagwant Mann on Thursday asked the Commissioners of Police (CPs) and Senior Superintendents of Police (SSPs) to play a frontal role in war against gangsters by personally conducting operations and interrogations.

IPL 2022: Tilak Varma has shown a lot of maturity, composure for a youngster, says Shastri

MUMBAI: Former India head coach Ravi Shastri has been left mighty impressed with the performance of young Mumbai Indians batter Tilak Varma in IPL 2022, especially with the wide range of shots in the repertoire of the young left-handed batter.

Bhagwant Mann annouces to set up Anti-Gangster task force headed by ADGP Rank Officer

CHANDIGARH: In a bid to wipe out gangster's network operating across the state so as to create a sense of security amongst the citizens, Punjab Chief Minister Bhagwant Mann on Tuesday directed DGP Punjab VK Bhawra to establish a full-fledged Anti-Gangster Task Force (AGTF) headed by ADGP rank officer.

Bhagwant Mann announces to set up anti-gangster task force headed by ADGP rank officer

CHANDIGARH: In a bid to wipe out gangster's network operating across the state so as to create a sense of security amongst the citizens, Punjab Chief Minister Bhagwant Mann on Tuesday directed DGP Punjab VK Bhawra to establish a full-fledged Anti-Gangster Task Force (AGTF) headed by ADGP rank officer.

Punjab to establish full-fledged Anti-Gangster Task Force

CHADIGARH: In a bid to wipe out gangster's network operating across the state so as to create a sense of security amongst the residents, Punjab Chief Minister Bhagwant Mann on Tuesday directed Punjab DGP V.K. Bhawra to establish a full-fledged Anti-Gangster Task Force (AGTF), headed by an ADGP-rank officer.

March GST collection at record high of over Rs 1.42 lakh crore

NEW DELHI: India's GST collection touched a record high in March 2022 at Rs 1,42,095 crore, official data showed on Friday.

3 gangsters of Lawrence Bishnoi-Kala Rana syndicate held

NEW DELHI: Three gangsters of Lawrence Bishnoi and Virender Pratap a.k.a. Kala Rana syndicate were arrested here on Thursday after a brief exchange of fire, the police said.

Chairman Mandi Board, PRTC & PUNCOFED amongst 9 office bearers who resigned after formation of AAP Goverment from various Boards/Corporations

CHANDIGARH:  Following the formation of Aam Adami Party (AAP) government led by Chief Minister Bhagwant Mann, as many as nine non-official office bearers of various boards/corporations have resigned.

RJD alleges GST scam in Bihar, govt orders probe

PATNA:The Nitish Kumar government's clean image has suffered a jolt after senior RJD leader Bhai Virendra on Wednesday alleged that more than 1,800 contractors associated with the rural development projects did not make GST payment to the government.

Congress leaders are fighting amongst themselves, we are making plans for Punjab’s development: Arvind Kejriwal

AMRITSAR: Aam Aadmi Party (AAP) national convener Kejriwal has claimed that Chief Minister Charanjit Singh Channi is losing from both constituencies, Chamkaur Sahib and Bhadaur.

896 Indians amongst 1,214 players registered for IPL 2022 auction

MUMBAI: After the registration for the Indian Premier League (IPL) 2022 player auction ended on January 20, the tournament said in an official advisory that 1,214 players have registered for the two-day event.

TN wants GST compensation regime to be extended till 2024

CHENNAI: Tamil Nadu government wants the Goods and Services Tax (GST) compensation regime to be extended by two more years, Governor R.N.Ravi said.

Dec YoY GST collection rises 13% to over Rs 1.29 lakh crore

NEW DELHI: India's GST collection rose 13 per cent in December 2021 on a year-on-year basis to Rs 1,29,780 crore.

Sisodia to oppose proposed tax hike on textile in GST Council meeting

NEW DELHI: Delhi Deputy Chief Minister Manish Sisodia will raise the demand to withdraw the increased tax on textiles from earlier 5 per cent to the proposed 12 per cent in the GST (Goods and Services Tax) Council meeting on Friday.

Come clean on HM Randhawa’s reported meeting with country’s top gangster Ansari : SAD

CHANDIGARH: Shiromani Akali Dal today asked Chief Minister Charanjit Singh Channi to come clean on whether his Home Minister Sukhjinder Singh Randhawa has had a close door meeting with the family and close links of the country’s premier gangster , Mukhtar Ansari

Accused in UP's Sotiganj racket to be booked under Gangster Act

MEERUT: The 25 odd accused in Sotiganj car-breaking and stolen auto-parts racket, will now be booked under the Gangsters Act.

Nine gangsters if Indian origin arrested in Canada for drug trafficking, violence

CALGARY: Nine alleged gangsters of Indian origin were among those arrested and charged by law enforcement in two Western provinces in Canada, in coordination with federal agencies, as they busted a major drug trafficking ring.

Punjab registers 2nd highest GST collection since rollout of central tax regime

CHANDIGARH: The Goods and Services Tax (GST) cash collection in November, 2021 grew by 32 per cent to Rs 1845-crore in Punjab- the second highest since the Central tax regime came into force. This collection is second only to that in April, 2021 but also the growth rate experienced is third highest in the country across the major States after Odisha and Kerala.

Odisha records 64% growth in GST collection in Nov

BHUBANESWAR:Odisha has recorded 64 per cent growth in GST collection in November compared to the same month of the last fiscal, officials said on Thursday.

November's GST collection rises to over Rs 1.31 lakh cr

NEW DELHI: India's GST collection rose on both sequential and year-on-year basis in November.The gross GST collection rose to Rs 1,31,526 crore last month, and it was the second straight month when the gross GST collection crossed Rs 1.30 lakh crore.

Maha has maximum GST dues pending with Centre, Congress says 'stepmom treatment'

MUMBAI:Maharashtra, which contributes the highest to the Centre's GST kitty, has the maximum amount outstanding for the past two years of the Covid-19 pandemic, a RTI reply has revealed.

Punjab scripts history; Registered amongst Lowest Tobacco Use Prevalence as per NFHS-5 Data; Exhorts OP Soni

CHANDIGARH:Scripting history to weed out the menace of Tobacco usage, Punjab has created a new milestone with secured a place in Lowest Tobacco Use Prevalence as per latest National Family Health Survey (NFHS-5) data.

New degree College and Sports hub amongst Rs 132 Crore gift by CM to Banga

BANGA:Giving an unprecedented push to development of the Banga assembly segment, the Punjab Chief Minister Charanjit Singh Channi on Tuesday announced a grant of Rs 132 crore for constituency including a Government college and an integrated sports stadium.

In fear of losing elections PM will admit blunders from CAA to GST: Chidambaram

NEW DELHI: Former Union Minister P. Chidambaram on Friday targeted the Prime Minister after he announced the withdrawal of farm laws and said that 'in fear of losing elections he will now admit all his blunders'.

Moga police foils bid of gangsters to take a criminal away from police custody

CHANDIGARH/MOGA:Punjab Police on Monday arrested two persons from outside the Moga District Court Complex for making an attempt to take a criminal away from the police custody. Notably, the Moga Police was to produce Harjinder Singh alias Raju of Moga in the Court for hearing.

Moga Police Foils bid of Gangsters to take a criminal away from Police Custody

CHANDIGARH/MOGA:Punjab Police on Monday arrested two persons from outside the Moga District Court Complex for making an attempt to take a criminal away from the police custody. Notably, the Moga Police was to produce Harjinder Singh alias Raju of Moga in the Court for hearing.

CGST officials unearth Rs 34 cr input tax credit fraud involving 7 firms

NEW DELHI: Based upon specific intelligence, officers of the Anti Evasion Branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (East) have unearthed a case of availment/utilisation and passing on of inadmissible input tax credit (ITC), through bogus GST invoices without actual movement of goods, of about Rs 34 crore.

No need for separate GST registration in other states, K'taka AAR rules

NEW DELHI:In what would facilitate execution of work contracts by companies away from their registered place of operation, the Karnataka Authority of Advance Ruling (AAR) has ruled that no separate GST registration in Karnataka is required for the supply of service by companies and they can raise invoice by charging IGST from their registered offices.

Jailed BSP MP Atul Rai booked under Gangster Act

VARANASI: Atul Rai, the jailed Bahujan Samaj Party (BSP) MP from Ghosi and one of his accomplices, have now been booked under the Gangster Act.

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GST collections keep alive hope of 6.8% fiscal deficit in FY22

NEW DELHI:The June GST collections has once again brought back confidence in the government's revenue department that not only indirect tax collections in FY22 may remain closer to budget targets but also that fiscal deficit may finally be contained as per projections.

Pandemic disruptions push June GST collection below Rs 1 lakh cr, first time in 9 months

NEW DELHI: India's gross GST revenue collection fell below the psychological mark of Rs 1 lakh crore for the first time this year, clocking Rs 92,849 crore in June 2021, as collections fell due to disruptions caused by the fresh wave of Covid-19.

Bring petrol under GST regime, FKCCI appeals to FM

BENGALURU: The members of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), led by its president Perikal M. Sundar, on Friday appealed to Union Finance Minister Nirmala Sitharaman to bring petrol and diesel under the Goods and Services Tax (GST) regime besides reducing the GST on commodities required for daily needs to contain inflation.

Special GST Council meet soon to discuss compensation: Sitharaman

BENGALURU: Union Finance Minister Nirmala Sitharaman said on Thursday that a special session of the GST Council will be held soon to discuss all compensation-related issues.

GST revenue collection during June 2021 stands at Rs.1087 Crore amid covid pandemic

CHANDIGARH: Despite the second wave of COVID-19 pandemic and strict lockdown restrictions, business community of Punjab has shown remarkable resilience by not only complying with the return filing requirements but also paying their GST dues in a timely manner during the month of June, 2021. Resultantly, the GST revenue collected during the month stood at Rs. 1087 crore which was Rs. 869.66 crore during the month of June, 2020.

Fugitive international gangster arrested by Bihar Police

PATNA: An international criminal wanted in over a dozen cases of heinous crimes including murder, kidnapping, extortion, and bomb blasts was arrested by the Bihar Police on Thursday.

Man, whose ID used to rent flat for slain gangsters’ in Kolkata arrested in Punjab

CHANDIGARH: Punjab Police has today arrested the Haryana-based man whose credentials and documents were used to hire a flat for the hideout of slain gangsters-turned-drug smugglers Jaipal Bhullar and Jaspreet Singh alias Jassi in Kolkata. The arrested person has been identified as Sumit Kumar, a resident of Meham in Haryana.

GST rates on Covid items slashed; vaccine still taxed at 5%

NEW DELHI: Amid calls for lower levies on items and medicines required in Covid-19 treatment, the GST Council on Saturday decided to slash rates of several Covid-relief items to 5 per cent from existing 12-18 per cent levels, although it kept the much talked-about tax rate on vaccines unchanged at 5 per cent.

Punjab FM blames GST Council's GoM behaving like a autocrat, opposes end of GST exemptions by August 21

CHANDIGARH: Stating that the COVID-19 crisis is a once in a century calamity, Punjab Finance Minister Manpreet Singh Badal on Saturday stated that the GST’s Group of Ministers (GoM) should stop acting like a shahenshah of yesteryears and instead let compassion speak through its decisions.

Punjab's Covid data amongst most reliable and efficient, sets high standard in Panedemic

CHANDIGARH: While most governments across the globe have been pilloried for their stark Covid data inconstiencies, Punjab has set high standards in pandemic data reliability and efficiency.

Two most wanted Punjab gangsters and drug smugglers killed in Kolkata encounter

CHANDIGARH: Most wanted drug smuggler and gangster, Jaipal Singh Bhullar s/o Bhupinder Singh r/o Ferozepur and Jaspreet Singh @ Jassi s/o Ravinder Singh r/o Kharar, SAS Nagar, who had rewards of 10 Lakh and 5 Lakh rupees on their head have been neutralized by the STF West Bengal Police on Wednesday afternoon, after they fired on the STF Police party, when they raided their apartment.

Gangster involved in BSP leader's murder shot dead

GORAKHPUR: (Uttar Pradesh): A dreaded gangster and accused in the murder of a BSP leader, who had been operating from Nepal, has been shot dead by the Uttar Pradesh Special Task Force (STF) in an encounter.

Hoshiarpur police nab notorious gangster and two ides from UP: SSP Navjot Mahal

HOSHIARPUR: A notorious gangster of Doaba and Malwa area along with two accomplices has been arrested from Uttar Pradesh's Tilhar city and a huge cache of weapons and ammunition seized from them by the local police in its weeks' long investigation and three-day special operation.

Two associates of Gangster and drug smuggler Jaipal Bhullar arrested for Jagraon shootout

CHANDIGARH: Punjab Police has arrested two of the main accused in the sensational killing of CIA Assistant Sub Inspectors (ASIs), Bhagwan Singh and Dalwinderjit Singh, who were gunned down in cold blood in Jagraon Grain Market on May 15.

Food supplies to ITIs akin to mid-day meal to schools, so GST exempt

NEW DELHI: The supply of food items under government schemes to Industrial training institutes (ITI) will be treated at par with supply of mid-day meals to schools and not attract GST.

GST exemption may lead to price hike of vaccines: FM

NEW DELHI: Amid calls for full exemption of goods and services tax (GST) on vaccines, Finance Minister Nirmala Sitharaman on Sunday said that a complete waiver may lead to a rise in their prices, impacting the common man.

Punjab Police arrests five associates of Gangster Gavi; 1.25kg Heroin, 3 Pistols, 3 Vehicles recovered

CHANDIGARH: Quickly acting on the disclosures of Gangster-cum-Drug Smuggler Gavi during his interrogation, the Punjab Police on Saturday, have managed to bust the entire part of his module active in Punjab with the arrest of his five accomplices. A close aide of wanted gangster Jaipal, Gavi Singh @ Vijay @ Giani was arrested from Sarai Kila Kharsawa district in Jharkhand on April 26, 2021 during a joint operation by the Organised Crime Control Unit (OCCU) of Punjab Police and SAS Nagar Police.

Rahul Gandhi questions GST on Covid vaccines

NEW DELHI: Former Congress President Rahul Gandhi on Saturday slammed the government over the goods and services tax (GST) on vaccines, saying the lives of can be lost but the Prime Minister's tax collection should not be lost.

Govt gives ad hoc IGST exemption on imports of Covid relief material

NEW DELHI: In view of the coronavirus pandemic, the Central Government has exempted IGST or integrated GST on import of such goods received free of cost for free distribution of Covid relief.

Govt relaxes several compliance timelines under GST

NEW DELHI: As the Covid crisis and the resultant lockdowns impact business, the Centre has come up with several relaxations regarding timelines for GST compliance norms.

Punjab earns GST revenue of Rs.1481.83 Cr in April 2021

CHANDIGARH: Punjab has earned the revenue of Rs. 1481.83 crores from GST during the month of April 2021 which is the highest ever revenue from GST for any particular month since the introduction of GST in the country during July, 2017.

April GST collection sets new record, surges over Rs 1.41L cr

NEW DELHI: India's gross GST revenue collection reached a new record high of over Rs 1.41 lakh crore in April 2021, beating all expectations of lower collections in wake disruptions clauses by fresh wave of Covid-19.

Covid disruption unlikely to impact April GST collections: SBI Ecowrap

MUMBAI: Even with the new wave of Covid-19 resulting in 'lockdowns' in 15 parts of the country and impacting business all across, the country's GST collections, the barometer of economic activity in India, is likely to cross the Rs 1 lakh crore mark for the sixth time in as many months in April, a SBI Ecowrap report said on Friday.

GST return verification through OTP allowed

NEW DELHI: The government has provided relief to GST taxpayers from a physical visit to tax office for verification of digital signature required on return forms.

Punjab police arrests wanted gangster of Jaipal gang from Jharkhand; Fortuner SUV, five mobiles recovered

CHANDIGARH: The Organised Crime Control Unit (OCCU) of Punjab Police, in a joint operation with SAS Nagar Police, have arrested Gavi Singh @ Vijay @ Giani, a close aide of Gangster Jaipal, who had fled the State following police pressure and was absconding. He was involved funding of the gang by running a drug cartel, Director General of Police (DGP) Punjab Dinkar Gupta said here on Tuesday.

Exempt Covid drugs from GST, transfer Rs 6K to eligible: Sonia

NEW DELHI: Congress interim president Sonia Gandhi has written a letter to the Prime Minister and asked him to exempt the medicines and equipment required for Covid-19 treatment and Rs 6,000 should be transferred every month in the accounts of those who are eligible.

Gangster lawrence Bishnoi and Canada-based Goldy Brar's main associate Gagan Brar arrested by Punjab police from Himachal's Kasol

CHANDIGARH: The Punjab Police in a joint operation with Himachal Pradesh Police arrested a close aide of jailed gangster Lawrence Bishnoi, who played the prime role in the planning, execution as well as providing shelter to killers of Youth Congress leader “Gurlal Singh Bhalwan” on the directions of Lawrence Bishnoi and Canada based Goldy Brar.

GST rate revision likely to be deferred, natural gas may come under ambit

NEW DELHI: GST rates are unlikely to witness any major changes during the extended run of the pandemic as the Centre and the states have agreed not to disturb the country's indirect tax structure in wake of the current economic situation where growth has contracted and industrial activity is just about reviving after coming to a standstill during the lockdown.

March GST collection surges to over Rs 1.23 lakh cr

NEW DELHI: India's gross GST revenue collection reached a new record high of over Rs 1.23 lakh crore in March 2021.
The GST revenues during March 2021 are the highest since the introduction of the tax.

Criminal associated with gangster carrying a reward of Rs 25,000 held by Haryana Police

CHANDIGARH: In a major break-through, Special Task Force (STF) of Haryana Police has arrested a criminal, associated with Sampat Nehra, a close aide of gangster Lawrence Bishnoi from Kurukshetra district. Police has also recovered an illegal pistol and five cartridges from his possession.

Gangster who escaped police custody shot dead in Rohini

NEW DELHI: Kuldeep Maan alias Fajja, a gangster who had escaped police custody following a shootout at GTB Hospital three days back, was killed in an encounter late Saturday night at Tulsi apartments in Rohini's Sector 14, the Delhi Police said.

SC orders transfer of gangster Mukhtar Ansari from Punjab to UP

NEW DELHI: In a big victory for the Uttar Pradesh government, the Supreme Court on Friday allowed transfer of gangster-turned-MLA Mukhtar Ansari from a Punjab jail to Banda jail in UP.

Joint strategy against the gangsters in the region by the DGsP of Punjab, Haryana and Chandigarh

CHANDIGARH: The coordination meeting of Director Generals of Police (DGsP) of Punjab, Haryana and Chandigarh was held at Panchkula on Thursday, to prepare devise strategy and Action Plans against gangsters & criminals who have been operating in these states.

Why can't petrol, diesel be brought under GST: Sushil Modi explains in RS

NEW DELHI: While debating the Finance Bill 2021 in the Rajya Sabha on Wednesday, Bharatiya Janata Party (BJP) MP Sushil Modi explained the reason behind not bringing petrol and diesel prices under the GST.

GST bogus billing scam of Rs.700 Crore busted by Punjab GST, five arrested

CHANDIGRH: Officers of the investigation wing of Punjab State GST today arrested 5 persons for creating and operating a bogus billing network across various states including Punjab, Delhi and Haryana and availing & passing on fraudulent ITC to the tune of more than Rs. 122 Crore to various firms without due payment of tax to the Government.

Fake GST fraud: 357 arrested so far, including 12 CAs

NEW DELHI: The Directorate General of GST Intelligence (DGGI) and the CGST Commissionerates have so far arrested 357 persons, including 12 chartered accountants, one company secretary and an advocate, in the ongoing nationwide drive against fake GST invoice frauds since mid-November, 2020.

Rs 1.06L Cr GST compensation shortfall released to states

NEW DELHI: Finance Ministry has released the 19th weekly instalment of Rs 2,104 crore to the states to meet the GST compensation shortfall.

Mumbai cops seize 14-kg Charas from Nepali gangster

MUMBAI: In a major swoop, the Mumbai Police's Anti Narcotics Cell, Kandivali, has seized Charas worth Rs. 2.80 crore from a Nepali gangster, an official said.

Youngsters on bench keep India alive and kicking

AHMEDABAD: As soon as the fourth and final Test between India and England finished and the presentation ceremony was over here on Saturday, batsman K.L. Rahul went to the pitch on which the final Test was played and started smashing a few balls.

Petrol at Rs 75 and diesel Rs 68 a litre in FY22 if taxation shifts to GST: SBI Ecowrap

NEW DELHI: Consumers can be spared from a rally in retail prices of petrol and diesel if the two auto fuels are brought under the GST regime, but lack of political will and hesitancy to let go a major source of revenue for governments is keeping the product prices one of the highest in the world, economists at SBI said on Thursday.

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