Articles for tag: Compliance, Demand, Festival, GST, Indias, Surges, Trillion

September 1, 2024

India’s GST Surges to Rs 1.75 Trillion Amid Festival Demand and Compliance

In August, India reported a Goods and Services Tax (GST) collection of Rs 1.75 trillion, marking a 10 percent increase compared to last year. This growth is attributed to stronger consumer spending as the festive season approaches, along with enhanced GST audits and investigations that have improved compliance. Domestic collections rose by 9.2 percent, while ...

August 31, 2024

Market News

Business

Election Date Shifted to Honor Bishnoi Festival and Protect Voting Rights

The Election Commission of India has postponed the Haryana assembly election date from October 1 to October 5, 2024. This change honors the Bishnoi community’s long-standing festival, commemorating Guru Jambheshwar, which occurs on October 2. Thousands of Bishnoi families from regions like Punjab, Rajasthan, and Haryana travel to their native village for this annual celebration, ...