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Odisha records 64% growth in GST collection in Nov

Odisha records 64% growth in GST collection in Nov

🕔07:37, 3.Dec 2021

Bhubaneswar, Dec 3 (IANS) Odisha has recorded 64 per cent growth in GST collection in November compared to the same month of the last fiscal, officials said on Thursday. The state has collected GST of Rs 4,136 crore last month as

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‘GST collection growth mainly due to hike in input prices’

‘GST collection growth mainly due to hike in input prices’

🕔08:43, 3.Nov 2021

Chennai, Nov 3 (IANS) The drastic increase in raw material prices seems to have contributed to the jump in Goods and Services Tax (GST) collections in October 2021 than the real growth in the economy, an official of Consortium of Indian

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GST collection for Oct at over Rs 1.30 lakh cr

GST collection for Oct at over Rs 1.30 lakh cr

🕔15:51, 1.Nov 2021

New Delhi, Nov 1 (IANS) The GST collection of the government maintained its momentum this fiscal year despite Covid disruption as a pickup in economic recovery is shoring up corporate earnings. The gross GST revenue collected in the month of October

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No additional borrowing by Centre to meet GST compensation of states in FY22

No additional borrowing by Centre to meet GST compensation of states in FY22

🕔15:12, 17.Oct 2021

New Delhi, Oct 17 (IANS) The Centre will stick to its borrowing programme for FY22 and will not tap the market for more funds to meet the GST compensation shortfall for states. Government officials said the current revenue position, where both

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Three-tier GST rate structure likely by next fiscal

Three-tier GST rate structure likely by next fiscal

🕔15:33, 3.Oct 2021

New Delhi, Oct 3 (IANS) The next few meetings of the GST Council would take the country’s new indirect tax regime closer to the goal of providing a transparent tax system with minimal exemptions and fewer rates. Sources working on the

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Odisha records 40% growth in GST collection in Sep

Odisha records 40% growth in GST collection in Sep

🕔17:45, 2.Oct 2021

Bhubaneswar, Oct 2  Odisha has recorded 40 per cent increase in GST collection during the month of September 2021 compared to the same month of the last year, officials said on Saturday. The State has collected Rs 3,325.94 crore in

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Path to recovery: GST collection for Sep at over Rs 1.17 lakh cr

Path to recovery: GST collection for Sep at over Rs 1.17 lakh cr

🕔15:03, 1.Oct 2021

New Delhi, Oct 1 (IANS) The GST collection of the government had maintained its momentum this fiscal year despite Covid disruption as a pick up in the economic recovery is shoring up corporate earnings. The gross GST revenue collected in September

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Path to recovery: GST collection for Aug at over Rs 1.12 lakh cr

Path to recovery: GST collection for Aug at over Rs 1.12 lakh cr

🕔15:07, 1.Sep 2021

New Delhi, Sep 1 (IANS) India’s gross GST revenue collection remained above the psychological mark of Rs 1 lakh crore for the second consecutive month, clocking Rs 1,12,020 crore in August 2021, as economic activity picked up pace post the second

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Odisha records 54% growth in GST collection in July

Odisha records 54% growth in GST collection in July

🕔20:00, 2.Aug 2021

Bhubaneswar, Aug 2  Odisha recorded 54 per cent growth in Goods and Services Tax (GST) collection in July as compared to the corresponding month of the previous year, officials said on Monday. According to an official statement issued by the

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Pandemic disruptions push June GST collection below Rs 1 lakh cr, first time in 9 months

Pandemic disruptions push June GST collection below Rs 1 lakh cr, first time in 9 months

🕔16:10, 6.Jul 2021

New Delhi, July 6  India’s gross GST revenue collection fell below the psychological mark of Rs 1 lakh crore for the first time this year, clocking Rs 92,849 crore in June 2021, as collections fell due to disruptions caused by

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GST Council to meet 1st time in 2021 on May 28 to discuss Covid relief

GST Council to meet 1st time in 2021 on May 28 to discuss Covid relief

🕔20:01, 15.May 2021

New Delhi, May 15  The GST Council will meet for the first time this year on May 28, through video conferencing. The meeting coming in the backdrop of the fresh and more deadly Covid wave sweeping the country, is expected

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February GST collection stands at Rs 1.13 lakh Cr

February GST collection stands at Rs 1.13 lakh Cr

🕔07:05, 2.Mar 2021

New Delhi, March 2  The gross GST revenue collected in February 2021 increased 7 per cent on a year-on-year basis to over Rs 1.13 lakh crore. Out of the total good and service tax collection of Rs 1,13,143 crore, CGST

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GST compensation shortfall released to states touches Rs 1L Cr

GST compensation shortfall released to states touches Rs 1L Cr

🕔14:31, 20.Feb 2021

New Delhi, Feb 20  The Finance Ministry had released the 17th weekly instalment of Rs 5,000 crore to the states to meet the GST compensation shortfall. Out of this, an amount of Rs 4,730.41 crore has been released to 23

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Rs 5,000 cr more sent to states for meeting GST compensation shortfall

Rs 5,000 cr more sent to states for meeting GST compensation shortfall

🕔07:18, 16.Feb 2021

New Delhi, Feb 16  The Ministry of Finance on Monday released the 16th weekly instalment of Rs 5,000 crore to the states to meet the GST compensation shortfall. Out of this, an amount of Rs 4,597.16 crore has been released

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13th Instalment of Rs 6K cr released to States to meet GST compensation shortfall

13th Instalment of Rs 6K cr released to States to meet GST compensation shortfall

🕔16:05, 25.Jan 2021

New Delhi, Jan. Jan 25  The Ministry of Finance has released the 13th weekly instalment of Rs 6,000 crore to the states on Monday to meet the GST compensation shortfall. Out of this, an amount of Rs. 5,516.60 crore has

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GST collections expected to be 30% lower at Rs 9L cr in FY21

GST collections expected to be 30% lower at Rs 9L cr in FY21

🕔07:07, 6.Nov 2020

New Delhi, Nov 6  Government facing severe pressure on revenues due to the Covid disruptions may end the current financial year with a 30 per cent drop in Goods and Service Tax (GST) collections. This would be a big setback

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GST collection crosses Rs 1 lakh cr in Oct, first in FY21

GST collection crosses Rs 1 lakh cr in Oct, first in FY21

🕔16:59, 1.Nov 2020

New Delhi, Nov 1  The gross GST revenue collected in the month of October 2020 was Rs 1,05,155 crore, an official statement said on Sunday. This is the first time in the current financial year that the gross GST collections

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GST collections in Oct may cross Rs 1 lakh cr mark for first time in FY21

GST collections in Oct may cross Rs 1 lakh cr mark for first time in FY21

🕔07:27, 27.Oct 2020

New Delhi, Oct 27  In a sign that economic revival is getting more pronounced in the unlock phases, country’s goods and service tax (GST) collections set to cross the Rs 1 lakh crore mark for the first time during this

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GST compensation: 1st option set to get nod with 21 states on board

GST compensation: 1st option set to get nod with 21 states on board

🕔07:01, 21.Sep 2020

New Delhi, Sep 21  With 21 states expressing their preference for the Borrowing Option-1 proposed by the Centre to meet the GST compensation needs of states this year, decks have been cleared for the GST Council to approve the new

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Covid impact: GST collection drops 14% to Rs 87,422 cr in July

Covid impact: GST collection drops 14% to Rs 87,422 cr in July

🕔17:55, 1.Aug 2020

New Delhi, Aug 1  The Covid-induced shrinking of economic activity for the past few months continued to have its impact on government’s tax collections with revenue under the Goods and Services Tax (GST) falling far below the psychological level of

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