Government collects Rs 95,610 crore GST in June
Sunday, July 1, 2018, 2:06 PM
The GST collection for the month of June has come in at Rs 95,610 crore, finance secretary Hasmukh Adhia said while commemorating one year milestone of the indirect tax which was introduced last year on July 1. The GST collection for the month of June is slightly better than the May numbers which stood at Rs 94,016 crore.
WATCH: Public opinion on GST
Sunday, July 1, 2018, 12:19 PM
On July 1, 2017, India ushered in the GST, the country's biggest indirect tax reform since the economy opened up 25 years ago. The policy aims to streamline the taxation structure in the country by doing away with various taxes imposed by states and Centre and introducing a unified tax system. A year on, here is a look at the journey so far.
GST is Perfect Example of 'Cooperative Federalism', Says PM Modi
Sunday, July 1, 2018, 11:48 AM
PM Narendra Modi on Sunday took to Twitter to congratulate people on the occasion of Goods and Services Tax (GST) completing one year, stating the tax reform was "a vibrant example of...'Team India' spirit". "GST has brought a positive change in the Indian economy," he added. The central government announced that July 1, 2018 will be celebrated as 'GST Day'.