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Tag: GST revenue

GST in Media

Plea to allocate 1% of GST revenue for unorganised sector labourers

byAdmin21/04/202321/04/2023

Union government should allocate 1% of its GST revenue for the welfare of unorganised sector labourers, said Confederation of Unorganised Sector Workers. It submitted a petition to this effect to Collector K. Senthil Raj here on Monday. In the petition,…

GST in Media

To keep tab on tax collection, Punjab launches State Intelligence-Preventive Unit, GST Prime

byAdmin15/04/202315/04/2023

Punjab Finance Minister Harpal Singh Cheema on April 13 launched the State Intelligence and Preventive Unit (SIPU), and Goods and Services Tax (GST) Prime, an analytical tool for State GST officers to analyse and monitor tax collection and compliance, in…

GST in Media

Anti-evasion steps in focus to boost Delhi govt’s GST revenues

byAdmin12/04/202312/04/2023

To increase the revenue generated from GST, Delhi government’s tax mainstray, the trade and taxes department has started anti-evasion activities through surveys, inspection, and search and seizure. A Delhi government official said special teams had been activated on state borders…

GST in Media

Punjab paid back entire electricity subsidy

byAdmin08/04/202308/04/2023

Punjab Chief Minister Bhagwant Mann Friday said the state has cleared its entire electricity subsidy bill of Rs 20,200 crore for the last financial year and has witnessed a jump in excise and GST revenue. CM addressing the media, said…

GST in Media

Kerala GST revenues up by 12.67% in March

byAdmin04/04/202304/04/2023

Goods and Services Tax (GST) revenues rose by 12.67% for Kerala in March 2023 compared to March 2022, according to data released by the Union Finance Ministry on Saturday. Collection touched ₹2,354 crore in March 2023 against ₹2,089 crore the…

Press Release

Second highest GST revenue collection : March 2023

byAdmin02/04/202302/04/2023

The gross GST revenue collected in the month of March 2023 is Rs.1,60,122 crore

GST in Media

Top 22% firms remit 90% of GST kitty, says Union Finance Minister Nirmala Sitharaman

byAdmin21/03/202321/03/2023

Ninety per cent of India’s Goods and Services Tax (GST) collections are paid by the top 22% businesses having a turnover above ₹50 crore, Finance Minister Nirmala Sitharaman said on March 21, 2023, dismissing an Oxfam report’s conclusions that the…

GST in Media

Chandigarh’s GST collection witnesses increase of 5 per cent in February

byAdmin03/03/202303/03/2023

Chandigarh’s collection of goods and services tax (GST) witnessed an increase of 5 per cent in the city in February this year as compared to the revenue generated during the corresponding period in 2022. According to the details by the…

GST in Media

GST revenues grew 12.7% in January, 2023

byAdmin24/02/202324/02/2023

India’s Goods and Services Tax (GST) revenues grew 12.7% in January 2023 to hit almost ₹1.59 lakh crore, the second highest monthly collections on record, as per revised figures from the Finance Ministry. Earlier estimates of GST revenues for January…

GST in Media

India Looks to Tap Kirana Stores to Boost Tax Base, Says Report

byAdmin18/02/202319/02/2023

The government is planning to widen its goods and services tax (GST) by tapping a section of mom-and-pop stores, a top tax official told Reuters on Thursday, The moves comes as the government is looking to bring more elements of…

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