Loading...

⚠ ✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ To Call / Whatsapp, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 Filters / Advanced Search ❯
TEXT

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ---- ❯
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ---- ❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ---- ❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
☰   Show Results ❯
    NLMC Issues Corrigenda-6 and 7 for RINL Land e-Auction at Visakhapatnam; Revises Auction Schedule
    Cabinet approves Dearness Allowance to Central Government employees and Dearness Relief to Pensioners
    DRI seizes around 55,000 e-cigarettes worth more than Rs. 13.5 crore in two operations at Syama Prasad Mookerjee Port in Kolkata
    DRI busts wildlife smuggling racket at Trichy Airport; 45 live reptiles recovered; 2 arrested
    Minister of State for Commerce and Industry, Shri Jitin Prasada, Calls on Liechtenstein Deputy Prime Minister to Strengthen Bilateral Trade and Invest...
    DPIIT Advances Trust-Based Governance Through Startup Support, Regulatory Reforms and Digital Single-Window Clearances
    Union Minister of Commerce and Industry Shri Piyush Goyal Holds High-Level Engagements in the Netherlands to Strengthen Bilateral Trade and Investment...
    CBIC actively implements Special Campaign 6 for institutionalising Swachhata and administrative efficiency.
    Department of Commerce Extends RELIEF Initiative under Export Promotion Mission Until March 31, 2027 - RELIEF Component II Offers 95% Risk Coverage to...
    GeM Promotes ‘The AABHAR Collection’ to Showcase India’s Cultural Heritage and Support Local Artisans.
    NICDC Advances Industrial Development in Bihar with Launch of Bihar Integrated Manufacturing City Gaya Limited.
    Shri Piyush Goyal Visits Port of Rotterdam, Highlighting Its Strategic Importance as a Gateway for Indian Goods to Europe - Shri Piyush Goyal Interact...
    Union Minister of Commerce and Industry Shri Piyush Goyal Holds Meetings with German Industry Leaders and Research Institutions in Berlin
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chairs 30th Meeting of Financial Stability and Development Council (FSDC) in Ne...
    DRI busts another attempt to circumvent ban on Pakistani goods under ‘operation deep manifest’; seizes around 25,000 kg Pakistan-origin watermelon...
    DRI seizes 5.6 kg of heroin in Phagwara, Punjab; Four drug traffickers arrested in intelligence-led operation
    Delhi Customs officers foil another major smuggling attempt at Air Cargo Complex, New Delhi
    Department of Commerce and EEPC India Hold Chintan Shivir to Chart Strategy for US $250 Billion Engineering Exports by 2030
    Union Minister of Commerce and Industry Shri Piyush Goyal Holds High-Level Economic Engagements in Berlin to Strengthen India–Germany Trade and Inve...
    IICA signs MoU with Association of ARCs in India to strengthen industry linkages with its flagship programme
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
October 28, 2026
Show AI Summary
Land e-auction corrigenda withdraw judicially restricted plots, extend registration and deposit deadlines, and retain original conditions unless expressly modified.
Corrigendum-6 withdraws 35 identified RINL land plots from the e-auction process because a court order prohibits their sale. Corrigendum-7 extends registration and Earnest Money Deposit submission until 1 November 2026, 8:00 PM, and schedules the e-auction of remaining plots for 3 November 2026. Property inspection remains available by prior appointment, while all other Request for Proposal terms and prior corrigenda remain unchanged unless specifically modified.
October 28, 2026
Show AI Summary
Dearness allowance and pension relief are increased under the accepted pay commission formula to address price rise.
Additional instalments of Dearness Allowance for Central Government employees and Dearness Relief for pensioners take effect from 1 July 2026. The prevailing rate increases by 3 percentage points from 60% of basic pay or pension to compensate for price rise, using the accepted formula based on Seventh Central Pay Commission recommendations. The measure has an annual fiscal impact and benefits employees and pensioners.
October 28, 2026
Show AI Summary
Electronic cigarette prohibition applies to concealed e-cigarettes intercepted in misdeclared Nepal-bound transshipment cargo after specific intelligence.
Two Nepal-bound transshipment containers were intercepted following intelligence of e-cigarette smuggling. Declared as water glass and ceramic mugs, the consignments contained e-cigarettes concealed within cover cargo, including IGET, VTV, VOKO, Bang and Ejoy products. Around 55,000 e-cigarettes valued at Rs. 13.50 crore, together with the cover cargo, were seized under relevant Customs Act provisions.
October 28, 2026
Show AI Summary
Wildlife trafficking enforcement led to seizure of sedated reptiles concealed in passenger baggage and customs-law arrests.
Wildlife-smuggling enforcement at Trichy International Airport involved interception of two Indian passengers arriving from Bangkok via Colombo on specific intelligence. Examination of their baggage revealed 45 live reptiles, sedated and concealed in 27 food packets. Coordinated action resulted in seizure of the reptiles and arrest of the passengers under the Customs Act, 1962.
October 27, 2026
Show AI Summary
Trade and investment cooperation under the EFTA partnership supports broader business collaboration in technology, finance and manufacturing.
The India-EFTA Trade and Economic Partnership Agreement operates as an enhanced framework for deeper engagement between India and EFTA countries, supporting expanded bilateral trade, investment and business linkages. Business expansion and investment opportunities were examined in technology, innovation, financial services and manufacturing, together with partnerships involving Indian businesses. The framework includes investment commitments and direct job creation over a 15-year period.
October 27, 2026
Show AI Summary
Trust-based business regulation reduces startup barriers, streamlines licensing and approvals, and broadens investment access through digital single-window services.
Trust-based regulatory reform combines startup financing and procurement access with compliance reduction, decriminalisation, labour-law consolidation, licensing digitisation, foreign-investment liberalisation and National Single Window System services. Startup measures include seed funding, fund-of-funds investment, credit guarantees, tax reforms and relaxed public-procurement entry conditions. The digital approvals framework integrates Central and State services, identifies applicable approvals, auto-populates common data and automates selected industrial and production-visa processes.
October 27, 2026
Show AI Summary
India-EU Free Trade Agreement opportunities guide India-Netherlands discussions on market access, investment partnerships, supply-chain integration, and sectoral collaboration.
India-EU Free Trade Agreement opportunities were central to India-Netherlands engagement on expanding bilateral trade, investment partnerships, market access, and collaboration across key sectors. Complementary economic strengths and closer industry-to-industry engagement were linked to concrete business partnerships, investments, and stronger India-Europe supply-chain integration. Direct meetings and a business roundtable also addressed investment opportunities, commercial partnerships, business priorities, and private-sector cooperation in technology, logistics, energy, electronics, industrial solutions, and retail.
October 26, 2026
Show AI Summary
Administrative efficiency and waste management drive advances record review, sanitation, e-waste disposal, and office-space optimisation.
Special Campaign 6.0 institutionalises cleanliness, administrative efficiency, backlog reduction, office-space management and environmentally compliant electronic-waste disposal. Implementation includes review and weeding of physical records, closure of electronic files, sanitation drives, mechanised cleaning, and segregated waste clearance. Across 449 offices, scrap clearance reclaimed office space and generated revenue through disposal of unserviceable and redundant goods.
October 26, 2026
Show AI Summary
Export credit risk coverage under RELIEF continues, protecting eligible exporters from insurance premium increases during the eligible period.
RELIEF Component II is extended until March 31, 2027, to support exporters affected by West Asian geopolitical disruption and maritime logistics risks. Eligible exporters obtaining qualifying Standalone Policies or Whole Turnover Policies may receive 95 per cent risk coverage for specified export shipments, with protection against insurance premium increases above pre-disruption levels. Coverage includes full-container-load, less-than-container-load and refrigerated-container cargo, excluding energy shipments. Claims and supporting records must be submitted through the Export Credit Guarantee Corporation customer portal.
October 26, 2026
Show AI Summary
Public procurement access to indigenous gift products expands curated government gifting and supports local artisans.
Government e-Marketplace promotes The AABHAR Collection as a digital storefront for curated gift items associated with One District, One Product and Geographical Indication tags. It gives government buyers access to regionally distinctive handicrafts, handlooms, artisanal food, pantry, and personal-care products, linking public procurement requirements with artisans, weavers, rural entrepreneurs, and women-led enterprises. Government buyers may use the storefront for official and ceremonial gifting while promoting indigenous products, cultural heritage, and local livelihoods.
October 26, 2026
Show AI Summary
Special purpose vehicle governance advances coordinated infrastructure, land allotment, statutory clearances and investor facilitation for an integrated manufacturing cluster.
BIMCGL is the special purpose vehicle implementing the Integrated Manufacturing Cluster at Gaya through an equal-equity joint venture framework. Its functions include coordinated planning, infrastructure development, statutory clearances, utility connectivity, investor facilitation, and project monitoring. Implementation covers trunk infrastructure, integrated utilities, water-storage facilities, and an Integrated Land Allotment Portal designed to improve transparency and streamline industrial land allotment. The cluster is intended to support large manufacturers and MSMEs across diverse manufacturing sectors.
October 26, 2026
Show AI Summary
India-EU Free Trade Agreement may expand Indian exporters' European market access through integrated maritime logistics and port connectivity.
The anticipated India-EU Free Trade Agreement is expected to create opportunities for Indian exporters, while the Port of Rotterdam's capacity, logistics infrastructure and European connectivity may facilitate greater India-Europe trade flows. Netherlands-based maritime logistics may support market access and closer economic integration between India and Europe. Sustained stakeholder engagement was linked to trade, investment and commercial cooperation.
October 24, 2026
Show AI Summary
India-Germany economic cooperation advances through trade, investment, advanced manufacturing, research collaboration, and emerging technology partnerships.
India-Germany economic cooperation is being advanced through bilateral engagements addressing trade, investment, advanced manufacturing, research and emerging technologies. Economic and investment ties formed the subject of discussions between government representatives, while business and sectoral interactions explored expanded commercial partnerships, investment, industrial cooperation and bilateral business collaboration. Research and innovation cooperation also focuses on advanced industrial technologies and industry-academia partnerships.
October 24, 2026
Show AI Summary
Financial stability safeguards require coordinated vigilance, cyber resilience, digital financial reforms, and faster return of unclaimed assets.
FSDC reviewed macro-financial stability and India's preparedness for related risks, emphasising heightened vigilance, proactive risk mitigation and safeguards for financial-system resilience. Regulatory modernisation measures considered include fintech innovation, tokenisation of financial assets, cyber resilience and implementation of the Financial Sector Cyber Security Strategy. Implementation priorities cover digital KYC, digital onboarding, digital public infrastructure, investment flows, reduced intermediation costs and rationalised credit guarantee schemes. Regulators and stakeholders were urged to expedite the return of unclaimed financial assets to rightful owners.
October 24, 2026
Show AI Summary
Country-of-origin misdeclaration enabled attempted evasion of import prohibitions through third-country transshipment, prompting customs seizure and arrests.
Import-origin misdeclaration and third-country transshipment were alleged to have been used to evade the prohibition on direct or indirect imports of Pakistani-origin goods. A shipment declared as UAE-origin muskmelon seeds was found to contain watermelon seeds, with evidence of shipment from Pakistan through Dubai, container and vessel changes, and fabricated import documentation. Watermelon seeds were separately restricted for import. The goods were seized under the Customs Act, 1962, and two persons alleged to have handled overseas supply and Indian import formalities were arrested.
October 24, 2026
Show AI Summary
Heroin trafficking enforcement addresses alleged public transport movement, with search, seizure, and arrests under narcotics law.
Intelligence-led narcotics enforcement by the Directorate of Revenue Intelligence in Phagwara involved interception of a public transport bus, recovery of 5.6 kg of heroin from a suspect's backpack, and arrest of four persons alleged to have transported and possessed the substance. A personal search under the Narcotic Drugs and Psychotropic Substances Act, 1985, revealed ten taped packets that field-tested positive for heroin; the contraband was seized under that Act.
October 24, 2026
Show AI Summary
Narcotics smuggling enforcement uncovers hydroponic marijuana concealed in an import consignment, prompting seizure, arrest, and further investigation.
Narcotics-smuggling enforcement resulted in the seizure under the Narcotic Drugs and Psychotropic Substances Act, 1985, of 23.220 kg of hydroponic marijuana concealed in a Bangkok-origin import consignment declared as lamps. X-ray imaging and dismantling of a wooden pallet recovered 23 vacuum-sealed packets containing compressed green leafy substance. Intelligence from an earlier ganja seizure led to scrutiny of the consignment, a further arrest, and continuing investigation into a wider trafficking syndicate.
October 23, 2026
Show AI Summary
Engineering export competitiveness requires resilient raw-material supply chains, effective free-trade pact use, and responses to quality and climate-linked barriers.
Engineering-export strategy development focuses on stronger use of free trade pacts, market access, competitive raw-material availability and resilient supply chains. Input-cost volatility, supply-chain disruptions, global overcapacity, trade-protective measures, sustainability-related requirements and climate-linked market-access conditions affect export competitiveness. Quality Control Orders require an evidence-based assessment of covered sectors and products, their rationale and industry impact, supported by a comprehensive white paper and panel-wide feedback for policy deliberation.
October 23, 2026
Show AI Summary
Free trade agreement cooperation is being pursued to translate industrial collaboration into trade and investment opportunities.
Trade, investment and industrial cooperation are being pursued through ministerial consultations and business dialogue, with the prospective India-EU Free Trade Agreement identified as a framework for expanding bilateral trade and investment. Business-roundtable discussions focus on translating that prospective framework into concrete opportunities. International partnerships are associated with trust, complementary economic strengths and resilient supply chains, alongside efforts to deepen cooperation in trade, investment, technology and industry.
October 23, 2026
Show AI Summary
Asset reconstruction company participation in insolvency resolution gains support through industry-linked professional education, research, and engagement.
The five-year collaboration strengthens the Post Graduate Insolvency Programme through industry-oriented teaching, faculty support, joint research, data sharing subject to legal and confidentiality requirements, and opportunities for internships, placements and industry engagement. Asset Reconstruction Companies may participate as resolution applicants under the Insolvency and Bankruptcy Code, subject to prescribed regulatory conditions, contributing expertise in asset valuation, debt restructuring and stressed-asset management to insolvency resolution.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

GST Revenue collection for September 2021

October 1, 2021

Contents
Summary
Note

Note

-

Bookmark

Print

Print

GST Revenue collection for September 2021

₹ 1,17,010 crore gross GST revenue collected in the month of September 2021

The gross GST revenue collected in the month of September 2021 is ₹ 1,17,010 crore of which CGST is ₹ 20,578 crore, SGST is ₹ 26,767 crore, IGST is ₹ 60,911 crore (including ₹ 29,555 crore collected on import of goods) and Cess is ₹ 8,754 crore (including ₹ 623 crore collected on import of goods). 

The government has settled ₹ 28,812 crore to CGST and ₹ 24,140 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of September 2021 is ₹ 49,390 crore for CGST and ₹ 50,907 crore for the SGST.

The revenues for the month of September 2021 are 23% higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 30% higher and the revenues from domestic transaction (including import of services) are 20% higher than the revenues from these sources during the same month last year. The revenue for September 2020 was, in itself at a growth of 4% over the revenue of September 2019 of ₹ 91,916 crore.

The average monthly gross GST collection for the second quarter of the current year has been ₹ 1.15 lakh crore, which is 5% higher than the average monthly collection of ₹ 1.10 lakh crore in the first quarter of the year. This clearly indicates that the economy is recovering at a fast pace. Coupled with economic growth, anti-evasion activities, especially action against fake billers have also been contributing to the enhanced GST collections. It is expected that the positive trend in the revenues will continue and the second half of the year will post higher revenues

Centre had also released GST compensation of ₹ 22,000 crore to States to meet their GST revenue gap.

The table shows the state-wise figures of GST collected in each State during the month of September 2021 as compared to September 2020.

State-wise growth of GST Revenues during September 2021[1]

 

Sep-20

Sep-21

Growth

Jammu and Kashmir

368

377

3%

Himachal Pradesh

653

680

4%

Punjab

1,194

1,402

17%

Chandigarh

141

152

8%

Uttarakhand

1,065

1,131

6%

Haryana

4,712

5,577

18%

Delhi

3,146

3,605

15%

Rajasthan

2,647

2,959

12%

Uttar Pradesh

5,075

5,692

12%

Bihar

996

876

-12%

Sikkim

106

260

144%

Arunachal Pradesh

35

55

56%

Nagaland

29

30

3%

Manipur

34

33

-2%

Mizoram

17

20

16%

Tripura

50

50

0%

Meghalaya

100

120

20%

Assam

912

968

6%

West Bengal

3,393

3,778

11%

Jharkhand

1,656

2,198

33%

Odisha

2,384

3,326

40%

Chhattisgarh

1,841

2,233

21%

Madhya Pradesh

2,176

2,329

7%

Gujarat

6,090

7,780

28%

Daman and Diu

15

0

-99%

Dadra and Nagar Haveli

225

304

35%

Maharashtra

13,546

16,584

22%

Karnataka

6,050

7,783

29%

Goa

240

319

33%

Lakshadweep

1

0

-51%

Kerala

1,552

1,764

14%

Tamil Nadu

6,454

7,842

21%

Puducherry

148

160

8%

Andaman and Nicobar Islands

19

20

3%

Telangana

2,796

3,494

25%

Andhra Pradesh

2,141

2,595

21%

Ladakh

9

15

61%

Other Territory

110

132

20%

Centre Jurisdiction

121

191

58%

Grand Total

72,250

86,832

20%

 

Topics

Acts Income Tax