Good News : GST exemption limit doubled to give relief to MSME
In 32nd GST council meet on Thursday approved doubling of the exemption threshold under Goods and Services Tax (GST) regime to Rs 40 lakh along with raising the turnover limit under composition scheme to Rs 1.5 crore from current Rs…
GST collections slides down to Rs 85,174 cr in February 2018
The total revenue received under GST for the month of February 2018 (received in February/March upto 26th March) has been Rs. 85,174 crores which is less than the the amount of January 2018. The collection in January was Rs 86,318…