6th August 2024 GSTN Updates UPI and Credit/Debit Cards Payment Method with Axis and Karnataka Bank to increase its payment process. Read More 05th August 2024 The new GSTR-8 advisory reduces the current rate from 1% to 0.5%. View more 02nd August 2024 The new advisory pertains to Jamm...
According to data from the finance ministry, the central and state governments garnered ₹1.82 trillion in goods and services tax (GST) for July, reflecting a 10.3% increase compared to the same month last year. This figure also represents an increase from the ₹1.74 trillion collected in ...
Increase in imports: The higher value of imported goods due to rising commodity prices is another reason behind the increase in GST collections from imports. What is GST? GST is an indirect tax that has replaced many indirect taxes in India such as excise duty, VAT, services tax, etc. The...
Budget Smartphones: The 18% GST rate led to a slight increase in prices for budget models, such as those from brands like Realme, Redmi, and Poco impacting affordability for price-sensitive consumers. Mid-Range Smartphones: This segment experienced a relatively neutral impact, with price adjustme...
Amendment of invoices: If the supplier want to amend any invoice belonging to current year then this need to be done before he file the GSTR-1 of September of subsequent financial year. If this amendment results in increase of tax amount and the supplier do not amend the invoice in or be...
After two years of rollout of GST, the government is now aiming towards anti-evasion measures to increase revenue as well as compliance. From the 1.21 crore registered businesses, only 20 lakh comes under the composition scheme. According to a tax expert, the GST e-invoice generation system ...
The fraud occurs here a supplier within a supply chain, upon being funded the GST (or VAT) by the acquirer through an increase in price, fails to pay the GST. The Revenue is left out of pocket where an input tax credit has been paid to the acquiring entity but the corresponding GST ...
(AUM) for the DLG loan segment as of December 2024 was Rs 4,244 crore, which is a 155.84% increase in outstanding AUM compared to September where this figure stood at Rs 1651 crore. “The DLG Book is doing well, in fact, slightly better than the rest of our book. Sometimes some ...
Reports indicate that the levels of GSH and GST increase in correlation with the progression of cancer. However, individual diversity limits its therapeutic value [6]. In contrast, GST protein levels correlated with treatment resistance in various cancers [7]. The GST gene polymorphism is linked ...
1 GST = lei 0.059 lei 0.00691X13.22% lei 0.19645lei 0.46060lei 0.05919 Feb 6, 2024Jun 6, 2024Oct 6, 2024Feb 4, 2025 Past performance is not an indicator of future performance. Data displayed above is indicative only. The return may increase or decrease as a result of currency fluctuations...