Mumbai, July 1 (IANS) Chief Minister Devendra Fadnavis on Wednesday said that Maharashtra ranks first in the country in terms of collecting the highest amount of Goods and Services Tax (GST). He added that it is also the state that receives the maximum benefits from the Central Government in return for this tax collection.Due to this, Maharashtra is truly the capital of the country within the GST system, he added.He also highlighted that Maharashtra is the first state in the country to set up an…
Latest GSTN News & Updates
New Delhi, June 30 (IANS) The launch of the Goods & Services Tax (GST) on July 1, 2017, marked a historic achievement in India’s economic reforms journey, with the principle of “One Nation, One Tax” helping to create a common national market, according to an official factsheet issued on Tuesday.As GST completes nine years, it has also undergone next-generation reforms in 2025, which further simplified the structure through lower rates, exemptions and easier processes. These measures ai…