Goods and Services Tax

CARE Ratings has projected the gross Goods and Services Tax (GST) collections in the range of Rs 12.60 to 13.40 lakh crore in the current fiscal requiring an average monthly collections of Rs 1.05-1.12 lakh crore.

The Brihanmumbai Municipal Corporation has introduced the early bird scheme (EBS) for the property tax payers.

Actor-turned-politician Shatrughan Sinha said that demonetisation and Goods and Services Tax (GST) imposed by the “two-men army” hit the country’s economy hard.

Bad and congested roads, contaminated and less water, poor infrastructure, rampant illegal constructions, large scale lawlessness and the seemingly never-ending wait for implementation of redevelopment plan.

A diamond merchant has been booked by Dahisar Police for allegedly duping two men from the same profession of Rs 77 lakh. The accused, Pankaj Shah, had approached the complainant by posing as a diamond merchant who sold the raw diamond and fetching them good price of the same in the market.

Domestic demand is expected to remain the main driver as India’s GDP picks up to grow at 7.2 per cent in 2018-19 and 7.3 per cent in 2019-20, the Asian Development Bank said on Wednesday.

A local firm’s promoter has been arrested for allegedly evading Goods and Services Tax (GST) worth Rs 88 crore by raising fraudulent invoices, officials said.

Goods and Services Tax (GST) collections in March came in at a record Rs 1.06 lakh crore, but not enough to meet the government’s target for the fiscal year ended March 31, official data showed.

The proposed Rs 5,000 crore housing project at Motilal Nagar, Goregaon (W), which will create approximately 18,000 more houses in the city, has hit a roadblock. The appointed project management consultant (PMC) wants the Maharashtra Housing and Area Development Authority (MHADA) to bear the extra tax cost, according to sources.

The Modi government’s most touted moves were demonetisation and goods and services tax (GST).