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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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