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GST revenue collection for April 2024 highest ever at ₹2 10 lakh cr

After accounting for refunds, the net GST revenue for April 2024 stood at ₹1.92 lakh crore, reflecting an impressive 17.1% growth compared to the same period last year

Services taxGross goodsGst collectionsGood and services taxFinance ministryState gstGst revenueRecord high

Dream11 Challenges Rs 25,000 Crore GST Notice In Bombay HC

Last year, Dream11 posted a net profit of Rs 142 crore from an operating revenue of over Rs 3,840 crore, according to Moneycontrol.com.

New delhiBombay high courtSporta technologies pvt ltdServices taxDirectorate generalHarsh jainDream 11Bombay high courtGood and services tax

Banking system liquidity in deficit as ICRR kicks in

Daily central bank data showed that the RBI injected funds worth ₹23,644.4 crore into the banking system on August 21, marking the first infusion of cash since March 27. An injection of funds by the RBI reflects deficit liquidity conditions in the banking system.

Achala jethmalaniShaktikanta dasReserve bankMarginal standing facilityLiquidity adjustment facilityBanking systemBanking system liquidityIncremental cash reserve ratioRbi policy meetGood and services taxRbl bank

Banking system liquidity in deficit as incremental cash reserve ratio kicks in

Daily central bank data showed that the RBI injected funds worth ₹23,644.4 crore into the banking system on August 21, marking the first infusion of cash since March 27. An injection of funds by the RBI reflects deficit liquidity conditions in the banking system.

Shaktikanta dasAchala jethmalaniReserve bankMarginal standing facilityLiquidity adjustment facilityBanking systemBanking system liquidityIncremental cash reserve ratioRbi policy meetGood and services taxRbl bank

GST Update: Businesses Get 3 Months Extension On Implementation Of E-invoice Reporting Time Limit

As per GST law, businesses cannot avail input tax credit (ITC) if invoices are not uploaded on the IRP.

Associates senior partner rajat mohanInvoice registration portalCheck latestSenior partner rajat mohanGood and services tax

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