August 9, 2022
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  • Railways to invest Rs. 50 cr in start-ups each year, innovators to retain their IPR
  • Govt’s IT spend to grow 12% to $9.5 billion in 2022: Gartner
  • Amazon seized over 3m fake products in 2021: Report
  • Gadkari proposes setting up of innovation Bank for new ideas
  • EV prices to be on par with petrol vehicles within a year
Banking Finance – News, Articles, Statistics, Banking Exams, Banking Magazine

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gst

Legal Corner 

GST officials can’t force recovery during searches

July 28, 2022 admin 0 Comments CBIC, Central Board of Indirect Taxes, gst, searches

Tax authorities will now face action if a taxpayer makes voluntary payment of tax during a search. In a move

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Banking Finance
Legal Corner 

GST will be applicable on partner’s property rented to partnership firm, AAR clarifies

April 19, 2022 admin 0 Comments AAR, gst, partner's property, partnership firm

Goods & Services Tax (GST) is required to be paid for the properties rented out by the partner to his

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Industry News 

GST official bust fake tax credit racket

March 12, 2022 admin 0 Comments credit, fake tax, gst, racket

Goods and Services Tax (GST) officials have bust a tax credit racket and arrested the proprietor of a metal trading

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Industry News 

GST mop-up hits Rs.1.31 trillion in November, second highest ever

February 10, 2022 admin 0 Comments gst, November, trillion

Goods and services tax (GST) collection grew about 25 per cent year-on-year to Rs.1.31 trillion in November, the second-highest mop-up

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Industry News 

GST collection surges to Rs. 1.3 trillion

December 20, 2021 admin 0 Comments gst, surges, trillion

In step with the constant rise in the past five months, goods and services tax (GST) collected in October rose

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Industry News 

GST woes for corrugated box makers

November 24, 2021 admin 0 Comments corrugated, Federation of Corrugated Box Manufacturers, gst

The Federation of Corrugated Box Manufacturers’ of India has expressed concern over the rising raw material cost and the increase

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Industry News 

GST mop-up grows 23% to Rs. 1.17 trillion

November 23, 2021 admin 0 Comments Central and state governments, gst, trillion

Central and state governments collected Rs. 1.17 trillion in goods and services tax (GST) in September, a 23% jump from

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Industry News 

No GST input tax credit on CSR expense

November 22, 2021 admin 0 Comments CSR expense, gst, input tax

The Gujarat bench of the Authority for Advance Rulings (AAR) recently held that corporate social responsibility (CSR) activities under the

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Industry News 

Taxpayers can discharge March GST dues with ITC

April 9, 2021 admin 0 Comments discharge, gst, Taxpayers

The Finance Ministry has recently stated that GST taxpayers may use the ITC available in their credit ledger to discharge

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Industry News 

GST receipts hit an all-time high of Rs. 1.15 trillion

February 26, 2021 admin 0 Comments gst

The Goods and Services Tax collections for December 2020 came at Rs 1,15,174 crore, in the highest ever monthly collection

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Recent Posts

  • Railways to invest Rs. 50 cr in start-ups each year, innovators to retain their IPR
  • Govt’s IT spend to grow 12% to $9.5 billion in 2022: Gartner
  • Amazon seized over 3m fake products in 2021: Report
  • Gadkari proposes setting up of innovation Bank for new ideas
  • EV prices to be on par with petrol vehicles within a year



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The portal  bankingfinance.in has been sponsored by The Insurance Times Group.  The group ventured to publish the first monthly journal on Insurance in India in the year 1981 which is still is the most widely read Insurance Journal in India.  In the year 1988 we published Banking Finance an exclusive journal on Banking and Finance Segment.  Since then we have covered many milestones and our readership is growing from strength to strength.

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