India’s GST collections rise 7.5% y-o-y to Rs 1.96 lakh crore in July
India’s gross Goods and Services Tax (GST) collection for the month of July stood at Rs 1.96 lakh crore, marking a 7.5% increase compared to the same month last year, government data showed Friday.
GST Council may discuss uniform 12% rate for textile sector by September
A proposal to introduce a uniform 12 percent Goods and Services Tax (GST) across the textile value chain may be taken up by the GST Council before September as part of the next phase of GST reforms, a senior government source told Moneycontrol.
Manpower crisis. CBIC recruits only 4,600 against 37,000 vacancies
Even while grappling with a significant manpower crunch, CBIC recruited just over 4,600 people in 2024 against more than 37,000 vacancies. Expressing concern over this shortfall, a Parliamentary panel on Thursday reiterated the need for a more structured manpower planning framework to ensure timely and adequate recruitment.
ICEA’s Mohindroo seeks 5% GST, says mobile production declines to 22-crore units
The Goods and Services Tax (GST) levied on mobile handsets in India should be brought down to 5%, while the volume of units manufactured domestically is reduced to 22 crores (220 million), an industry group executive said Thursday.
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