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The IMA saw this as "ominous" and moved the High Court on June 26 to restrain the DGGI from attaching its properties.
The Tax Deduction at Source (TDS) will be applicable to the lottery prize winners who win more than Rs 10,000 altogether through the lottery at different times
The gross GST collection has crossed Rs 1.60 lakh crore mark for the fourth time since the roll-out of the indirect tax regime six years ago on July 1, 2017.
He was inaugurating the valedictory ceremony of the ‘Responsible Citizen’ project, jointly rolled out by Manorama Online and Malabar Gold & Diamonds.
Maharashtra is set to receive the highest GST compensation of Rs 2,102 crore.
IGST, which is one of the three components of Goods and Services Tax or GST, is levied when there is an inter-state transfer of goods and services.
She urged Kerala MP N K Premachandran to sit with the state government and request it to send the AG certificates in one go.
Not even in the pre-GST era had anyone thought of amassing as much additional money from the public. But KN Balagopal has.
Despite the loss of tax revenue and various financial restrictions on the state, Kerala was one of the 4-5 states of the country which showed economic growth across various sectors in the last year, Balagopal said.
Rights group Oxfam International added that taxing India's ten-richest at 5 per cent can fetch entire money to bring children back to school.
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