Vivek Chaturvedi Appointed CBIC Chairman 2025, assuming charge on 1 December. Learn about his role, experience, and significance for GST, customs, and indirect tax administration in India. Vivek Chaturvedi Appointed as New CBIC Chairman — A Key Change in India’s Indirect Tax Leadership Appointment of New Leader at the Helm of Indirect Tax Administration The…
Robust Growth in Net Direct Tax Collection for FY 2023-24 Introduction to the Record Growth India has witnessed an impressive surge in its net direct tax collection for the financial year 2023-24, recording a growth of 16.45%. The total collection now stands at ₹15.82 lakh crore, marking a significant leap from the previous year. This…
Surge in GST Collections: October Sees 8.9% Year-on-Year Growth In October 2024, India witnessed a notable surge in Goods and Services Tax (GST) collections, which reached a remarkable ₹1.87 lakh crore. This represents an 8.9% increase compared to the same month last year. The growth in GST revenue is indicative of the robust economic recovery…
Strong Growth in GST Collections: December 2023 Records ₹1.65 Lakh Crore The Goods and Services Tax (GST) collections for December 2023 marked a significant upsurge, hitting a record high of ₹1.65 lakh crore. This notable increase, attributed to various factors, reflects a positive trend in the economy’s recovery post-pandemic. The surge in collections is a…
