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On the recommendation of GST council, Centre on Monday notified the creation of the principal bench of Goods and Services Tax Appellate Tribunal (GSTAT). Last month the Parliament passed the CGST Bill, 2023 which seeks to raise age limits for the president and members of the Goods and Services tax Tribunal (GSTAT) from 67 and 65 years, respectively, to 70 years, against 67 years and 65 years specified earlier.

Finance Minister Nirmala Sitharaman said in the Lok Sabha that the Goods and Services Tax (GST) collection has consistently increased on an annual basis since its introduction on July 1, 2017. The average monthly GST collection for the current fiscal is Rs 1.66 lakh crore, marking an 11% increase over the same period in the previous financial year

GST Collections Showing Annual Upward Trend, Average Monthly Revenue at Rs 1.66 Lakh Cr So Far This Fiscal: FM Nirmala Sitharaman; GST collection crossed the Rs 1.50 lakh crore mark in every month of the current fiscal

In a written reply to a question in the Lok Sabha, she said the GST collection crossed Rs 1.50 lakh crore mark in every month of the current fiscal and had touched a record high of Rs 1.87 lakh crore in April 2023.

In a resolute response to the Supreme Court's reprimand over the Sutlej-Yamuna Link (SYL) canal coupled with a stern directive regarding its construction, Punjab Chief Minister Bhagwant Mann on Thursday left no room for compromise, asserting that not a single drop of water would be ceded to any