https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Fri, 05 Apr 2024 03:00:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2024/04/05/march-gst-collection-grows-11-5-to-rs-1-78-trillion-says-finmin/ Fri, 05 Apr 2024 02:28:04 +0000 https://thenfapost.com/?p=350445 The gross total GST collection for FY24 stood at Rs 20.14 trillion, up by 11.7 per cent when compared to FY23 New Delhi, NFAPost: The Gross Goods and Services Tax (GST) collection in March registered an 11.5 per cent year-on-year growth at Rs 1.78 trillion, the Finance Ministry informed.  The ministry said it was the second-highest GST […]]]> https://thenfapost.com/2024/01/24/net-direct-tax-collection-rises-by-160-to-rs-1663686-crore-in-10-years/ Wed, 24 Jan 2024 00:44:49 +0000 https://thenfapost.com/?p=337293 New Delhi, NFAPost: Central Board of Direct Taxes, on Tuesday, released a new report revealing that the country’s net direct tax collections have increased by 160.52 per cent from ₹6,38,596 crore in 2013-14 to ₹16,63,686 crore in 2022-23. Official data further revealed that the income tax department is allocating increased resources to the collection of […]]]> https://thenfapost.com/2023/08/14/direct-tax-collections-rise-16-to-rs-6-53-trillion-till-augst-10-i-t-department/ Mon, 14 Aug 2023 01:30:14 +0000 https://thenfapost.com/?p=293291 The collection is 32.03 per cent of the total budget estimates of direct taxes for current fiscal 2023-24 New Delhi, NFAPost: Gross direct tax collection grew 15.73 per cent to Rs 6.53 lakh crore till August 10 in the current fiscal, the Income Tax department said. Net direct tax collection after adjusting refunds stands at […]]]> https://thenfapost.com/2022/06/06/myntras-fashion-event-eors-16-is-geared-to-serve-over-50-lakh-shoppers/ Mon, 06 Jun 2022 12:06:27 +0000 https://thenfapost.com/?p=183283 · Myntra’s EORS-16 to handle 16000+ orders per minute at peak · 1 million new customers expected to experience EORS for the first time · 40% traffic is expected from tier 2-3 cities · 1000 live sessions hosted by ~2500+ influencers, 750 of which are brand-led on M-Live to showcase their products at EORS offers […]]]> https://thenfapost.com/2022/04/18/gst-council-may-do-away-with-5-rate-move-items-to-3-and-8-slabs-report/ Mon, 18 Apr 2022 12:37:26 +0000 https://thenfapost.com/?p=169524 Although various options are under consideration, the Council is likely to settle for an 8% GST for most items that currently attract 5% levy, say sources New Delhi, NFAPost: With most states on board to raise revenue so that they do not have to depend on Centre for compensation, the GST Council at its meeting […]]]> https://thenfapost.com/2021/09/02/gst-revenue-collection-for-august-2021-registers-y-o-y-growth-of-30/ Thu, 02 Sep 2021 06:06:17 +0000 https://www.thenfapost.com/?p=111465 New Delhi, NFAPost: The gross GST revenue collection during the month of August 2021 is Rs 1,12,020 crore, registering three consecutive months of more than a lakh crore in the collected amount. It is interesting to note that despite the Covid-19 impact, India’s GST revenues for August registered a 30% growth compared with the same […]]]> https://thenfapost.com/2021/07/14/madame-reignites-childhood-memories-with-new-tom-jerry-collection/ Wed, 14 Jul 2021 08:16:12 +0000 https://thenfapost.com/?p=98530 Fashion brand Madame has created a whimsical and nostalgic collection inspired by Tom & Jerry, one of the world’s most famous cartoon franchises. Launched in collaboration with Warner Bros. Consumer Products, Madame’s Tom & Jerry collection is an ode to the hilarious cat and mouse ‘frenemies’, and showcases a selection of edgy graphic tees and […]]]> https://thenfapost.com/2021/06/05/gst-revenue-collection-touches-rs-102709-crore-in-may-registers-annual-spike-of-65/ Sat, 05 Jun 2021 12:35:14 +0000 https://www.thenfapost.com/?p=87470 New Delhi, NFAPost: The gross GST revenue collected in the month of May 2021 is Rs 1,02,709 crore of which CGST is Rs 17,592 crore, SGST is Rs 22,653, IGST is Rs 53,199 crore (including Rs 26,002 crore collected on import of goods) and Cess is Rs 9,265 crore (including Rs 868 crore collected on […]]]>