Gross GST collection rose 10 per cent to over Rs 1.62 lakh crore in September, crossing the Rs 1.6 lakh crore mark for the fourth time during current financial year.
Gross GST revenue collected last month was Rs 1,62,712 crore. Of this, Central GST was Rs 29,818 crore, State GST was Rs 37,657 crore, Integrated GST was Rs 83,623 crore (including Rs 41,145 crore collected on import of goods) and cess was Rs 11,613 crore (including Rs 881 crore collected on import of goods).
The revenue in September 2023 was 10 per cent higher than the GST revenue of Rs 1.47 lakh crore in the same month last year, the finance ministry said in a statement.
"During the month, revenues from domestic transactions (including import of services) are 14 per cent higher than the revenues from these sources during the same month last year. It is for the fourth time that gross GST collection has crossed Rs 1.60 lakh crore mark in FY 2023-24," it said.

GSTGST

The combined market valuation of five of the top 10 most valued firms declined by Rs 62,586.88 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid an overall bearish trends in equities.
Last week, the BSE benchmark fell 180.74 points or 0.27 per cent, and the Nifty declined 35.95 points or 0.18 per cent.
The market valuation of TCS plunged Rs 26,308.58 crore to Rs 12,91,919.56 crore.
Infosys witnessed an erosion of Rs 25,296.43 crore from its valuation which was at Rs 5,95,597.10 crore.
The market valuation of Reliance Industries fell by Rs 5,108.05 crore to Rs 15,87,553.37 crore and that of Hindustan Unilever declined by Rs 3,865.08 crore to Rs 5,79,373.96 crore.
The market capitalisation (mcap) of HDFC Bank dipped Rs 2,008.74 crore to Rs 11,57,145.86 crore.
However, the mcap of Bajaj Finance jumped Rs 20,413.41 crore to Rs 4,73,186.41 crore.
Bharti Airtel added Rs 8,520.13 crore to Rs 5,19,279.14 crore in its valuation while

He pointed out that the year-on-year growth in September appeared somewhat "muted", primarily attributed to the substantial base effect

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Indovative Products, a Delhi-based start-up that manufactures currency packaging products, submitted its bids but was rejected on the technical ground that it lacked "past experience"

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Starting from October 1, the carbon border adjustment mechanism (CBAM) will be applicable to exports of cement, iron and steel, aluminium, fertilisers, and hydrogen to the EU

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Indian government bonds and the local currency took the news in their stride.

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The plan to set up this mechanism has come up at a time when the government has asked banks to play a more active role in financing startups

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Attorney General Merrick Garland has said that he would resign if asked by President Joe Biden to take action against Republican presidential frontrunner Donald Trump.
But he doesn't think he'll be put in that position, Garland said in an interview on Sunday.
I am sure that that will not happen, but I would not do anything in that regard, he said on CBS 60 Minutes. And if necessary, I would resign. But there is no sense that anything like that will happen.
The Justice Department is at the centre of not only indictments against Trump that include an effort to overturn the 2020 election and wrongly keeping classified documents, but also cases involving Biden's son Hunter, the aftermath of the riot at the US Capitol, and investigations into classified documents found in the president's home and office. Garland has appointed three separate special counsels.
Garland has spoken only sparingly about the cases and reiterated on Sunday he would not get into specifics, but dismissed claims b

President Joe Biden addresses the 78th United Nations General Assembly in New York, Tuesday, Sept. 19, 2023. AP/PTI

Shoshani actively participated in the cleanliness, and cleaned the beach with broom and also picked up the garbage with his hands to put into a dustbin

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He added, "May we always work towards fulfilling his dreams. May his thoughts enable every youngster be (sic) the agent of change he dreamt of, fostering unity and harmony all over"

PM Modi pays tribute to Mahatma Gandhi at Rajghat

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Mahatma gandhi, gandhi, bapu, gandhi on vegetarianism, gandhi ideal, gandhi principles,gandhi jayanti, october 2, oct two

Chief Minister Yogi Adityanath on Sunday said the Police Telecom Department plays a big role in obtaining important information and delivering it accurately to all the places.
Speaking at the foundation day event of the Police Telecommunication Department, Adityanath said, History bears witness to the fact that any force equipped with proper training, tools, and weapons has always emerged victorious."
"Telecommunication Department plays a big role in obtaining other important information and delivering accurate information to all the places,  he added.
At the outset of the event held at the Police Radio Headquarters here, the chief minister was presented the Guard of Honour, following which he inaugurated the JC Bose Technology Exhibition. He extended his best wishes for the events scheduled to take place from October 1 to October 3 to mark the Foundation Day.
The chief minister commended the state police's work during the Kumbh Mela at Prayagraj in 2019.
The way the police conduc

Big role of police telecom dept in disseminating information: UP CM

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Gross GST collection rises 10% to over Rs 1.62 trillion in September

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