GST Bill

The total gross GST revenue for August 2024 reached INR 1.75 lakh crore, a 10 per cent increase from INR 1.59 lakh crore in August 2023

FM Sitharaman had previously stated that the council was keen on getting the bill rolled out to levy tax from October 1.

According to an advisory issued by GSTN to taxpayers, the government said that it has decided to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with aggregate annual turnover greater than or equal to INR 100 crore

The finance minister said the fiscal consolidation for which the government had given a road map, they are completely aligning themselves with it