GST collections in November at Rs 1.31 lakh crore, second highest since rollout

Goods and Services Tax (GST) collections jumped to over Rs 1.31 lakh crore in November, the second highest since its implementation in July 2017, in line with the trend in economic recovery, the finance ministry said on Wednesday. “The gross GST revenue collected in the month of November 2021 is Rs 1,31,526 crore…

Sovereign Gold Bond Scheme opens today: Check price, discounts, tenure and other details

The Series VIII of Sovereign Gold Bond Scheme 2021-22 will open for subscription from Monday, November 29, 2021. The subscription window will open today and will continue for five days till December 3, 2021. The issue price for the eighth tranche has been fixed at Rs 4,791 for one gram, as per the notification by the…

Finance Ministry gets petition from ice cream parlour owners: Here’s what they want

Since the first week of October, ice cream parlours in various states started receiving summons from the GST authorities, seeking clarifications pertaining to the newly increased rates to be levied on them as fixed by the GST council in September. The parlours are facing the heat as the summons virtually indicate that…