There has been a tremendous 134% rise in the number of new taxpayers, since the incorporation of the GST 7 years ago. As per the information from the state commercial tax department, currently, the number of active taxpayers has increased from 5.08 lakh on 1st July to 11.95 lakh. The same rise is due to the significant formalization of the economy and new investments as cited by industry experts and tax professionals. Driving Factors to Raise the GST Registration State Goods and Services Tax (SGST) department source emphasized that increasing…
Tag: Active
889 COVID-19 cases reported in Mumbai, one dead; Active caseload rises to 4,294. done
[ad_1] Mumbai on Saturday reported 889 new coronavirus infections, an increase from 763 cases a day earlier. The caseload in the metropolis rose to 10,68,897 and the death toll rose to 19,568, a civic official said. The city had recorded 846 cases on February 4, after which there was a decline in cases. But in the last few days this number started increasing. Leaving the city with an active caseload of 4,294 from 3,735 on Friday, the number of recoveries rose by 329 to 10,45,035. Of the 889 new cases,…