The nation’s gross GST collections rose to Rs 1.73 lakh crore in Could, rising 10 per cent 12 months on 12 months pushed by elevated revenues from home transactions, the finance ministry stated on Saturday. GST collections had touched a file excessive of Rs 2.10 lakh crore final month. “The gross Items and Providers Tax … Read more
On-line Gaming & Casinos emerged on the prime when it comes to detection of GST evasion throughout Fiscal Yr 2023-24, annual information compiled by the Directorate Common of GST Intelligence (DGGI) confirmed. This sector alone accounted for greater than 40 per cent of the quantity concerned in GST evasion detection DGGI detected over 6,074 circumstances … Read more
Nationwide Council of Utilized Financial Analysis (NCAER) on Sunday stated that Indian financial system remained buoyant on the finish of fiscal 2023-24 and set to clock 7.6 % progress as projected within the CSO’s second Advance Estimate. Each the Buying Supervisor’s Index (PMI) for manufacturing and companies are sustaining a sturdy pattern, elevating optimism in … Read more
On this episode of State of Economic system, businessline’s Shishir Kumar Sinha talks to Aditi Nayar, Chief Economist, Funding Data and Credit score Score Company (ICRA) to dissect macroeconomic developments, exploring manufacturing development dynamics, delving into GST collections, addressing inflation considerations, and forecasting future price revisions. The podcast begins by addressing the problem of divergences … Read more