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GST monthly collections

GST monthly collections slightly below then April

Total 62.46 lakh businesses filed their summary sales return Form GSTR-3B in the month of May 2018. New Delhi, Riding on better compliance after introduction of e-way bills, In May, the GST monthly collections came at Rs 94,016 crore, Ministry of Finance said in a notification. Against an average mop up of nearly Rs 90,000 […]

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Income Tax Return Filers

Nearly 1 crore Income Tax Return Filers Added In 2017-18

New Delhi: More Indians are now Income Tax Return Filers nearly 1 crore new filers joining new tax filers joined the system.in 2017-18.  The income tax department said during 2017-18 26% surge in income tax returns filed for the year with filing of 6.8 crore income tax returns as against 5.4 crores returns in the […]

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GST Revenue In 2018-19

GST Revenue In 2018-19 To Grow 14%-16%, Says SBI Report

New Delhi: Due to recent speculation on the GST collection target for the current and next fiscals as being “overtly aggressive”, state-run State Bank of India on Monday estimated that the GST Revenue in 2018-19 would grow at a rate of 14-16 %, bringing it closer to the decadal growth rate in indirect taxes of […]

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