- 02 Dec 2022 06:08 PM
- New
GST collection for November stands at Rs 1,45,867 crore, surges 11% YoY
"The government has settled ₹33,997 crore to CGST and ₹28,538 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of November 2022 is ₹59678 crore for CGST and ₹61189 crore for the SGST. In addition, Centre had also released ₹17,000 crore as GST compensation to States/UTs in November 2022," stated the release.
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- 02 Dec 2022 06:13 PM
- New
Monthly GST revenues more than ₹1.4 lakh crore for nine straight months in a row
₹1,45,867 crore gross GST revenue collected for November 2022, records increase of 11% Year-on-Year Monthly GST revenues more than ₹1.4 lakh crore for nine straight months in a row Revenues from import of goods 20% higher and revenues from domestic transaction (including import of services) 8% higher than the same month last year
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- 01 Dec 2022 06:19 PM
- New
Has GST reduced inter-state disparities?
Source: https://www.livemint.com/economy/has-gst-reduced-inter-state-disparities-11669827832426.html
This financial year, the goods and services tax (GST), may be finally coming into its own. Two months in 2022-23—April and October—have seen the highest revenue mobilization under this ‘one country, one tax’ system since its introduction in July 2017.
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- 01 Dec 2022 06:24 PM
November GST collection up 11% YoY at ₹1.45 lakh crore
Goods and Services Tax (GST) collections for the month of November 2022 stood at ₹1,45,867 crore, according to the data shared by finance ministry on Thursday. The revenue for the month of November are 11% higher than the GST revenue in the same month last year, which itself was ₹1,31,526 crore.
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- 01 Dec 2022 06:30 PM
Centre, states collect about ₹1.46 trillion in GST in November
New Delhi: Central and state governments have collected about ₹1.46 trillion in Goods and Services Tax (GST) in November, as festive demand continued to support consumption of goods and services.
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- 28 Nov 2022 06:22 PM
Odisha govt. distributes ₹43 cr among dependants on Kendu leaf trade
To provide relief to people engaged in the kendu leaf trade, the Odisha government on Sunday disbursed assistance worth ₹43 crore to kendu leaf pluckers, binders, and seasonal employees.
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- 26 Nov 2022 06:06 PM
Centre releases Rs. 17,000 crore of GST compensation to States/UTs
The Central Government released an amount of Rs. 17,000 crore to States/UTs on 24.11.2022 towards the balance GST compensation for the period April to June, 2022 (State-wise details as per Table below). The total amount of compensation released to the States/UTs so far, including the aforesaid amount, during the year 2022-
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- 25 Nov 2022 06:00 PM
Competition Commission to check GST profiteering issues
NEW DELHI : With the National Anti-profiteering Authority (NAA)’s term coming to an end, anti-trust watchdog Competition Commission of India will have the mandate to monitor goods and services tax-related profiteering from 1 November, Central Board of Indirect Taxes and Customs (CBIC), said on Thursday.
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- 25 Nov 2022 06:04 PM
Centre releases ₹17,000 cr in GST compensation to states
NEW DELHI: The central government on Friday said it has released ₹17,000 crore to states and union territories towards the balance Goods and Services Tax (GST) compensation for the April-June 2022 period.
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- 24 Nov 2022 06:48 PM
'Current pace of credit growth looks sustainable if risk is well-priced'
MUMBAI : The banking sector will not find it challenging to continue growing the credit book at the current pace as long as the risk is understood and well-priced, SBI chairman Dinesh Khara said on Wednesday.
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