AI, data analytics power GST enforcement as taxpayer base crosses 1.65 crore: Finance Ministry
New Delhi, June 30 (IANS) The Finance Ministry on Tuesday said advanced technologies such as artificial intelligence (AI), machine learning and data analytics are playing a key role in strengthening Goods and Services Tax (GST) administration by helping authorities detect potential tax evasion while reducing compliance burdens for honest taxpayers. According to the ministry, these […]
GST collections clock 12.3 per cent growth at Rs 1.96 lakh crore for Jan
New Delhi, Feb 1 (IANS) Goods and Services Tax (GST) collections for the month of January shot up by 12.3 per cent year-on-year in January to Rs 1.96 lakh crore, on the back of higher economic activity during the month, according to official figures released on Saturday. This includes Rs 1.47 lakh crore from sale […]
Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth
New Delhi, Jan 2 (IANS) As 2025 begins on a note of heightened global uncertainties ahead of the US President-elect Donald Trump’s inauguration, India continues to be in a much stronger position with high frequency indicators showing a pick up in the pace of growth in the third quarter of current fiscal (Q3 FY25), according […]
