The revenues for the month of March 2022 are 15% higher than the GST revenues in the same month last year
Analysts are confident that GST collection for the current financial year will cross the Budget targets
Apart from the devolution for this fiscal year, states received an additional Rs 24,227 crore in the Revised Estimates of 2021-22 (FY22) on account of "prior period adjustment of tax devolution"
Infra related stocks can easily see a jump of 10 per cent in quick time
The impact of the second wave of Covid-19 on GST collection was much more muted than the impact of the nationwide lockdown during the first wave, The Economic Survey for 2021-22 noted.
The mastermind behind the whole racket was arrested on January 13
GST collection of Odisha has touched a collection of Rs 4080.14 crore during December 2021 as against Rs 2860.20 crore collected during December 2020 registering a growth of 43 per cent.
GST collection of Odisha has touched a collection of Rs 4080.14 crore during December 2021 as against Rs 2860.20 crore collected during December 2020 registering a growth of 43 per cent.
Gross GST revenues collected in December 2021 stood at Rs 1,29,780 crore, 13 per cent higher than GST revenues collected in same month of 2020, and 26 per cent higher than GST revenues in Dec 2019.
Two people have been found positive for the Omicron variant of Covid in Karnataka
The finance ministry said the April figures were linked to year-end revenues
IndusInd Bank rebounds after an 8-day fall, gains 5% on BSE; Tega Industries' IPO gets 4 times subscription on first day
Finance ministry expects positive trend to continue and H2 to post higher revenues; says constant rise in collection in the past five months indicates faster economy recovery
Maruti Suzuki and Hyundai report a double-digit drop in sales in October as auto firms struggle to get computer chips for their vehicles. More in our top headlines.
This is the second highest collection of GST since its implementation on July 1, 2017
The collection continues to exceed Rs 1 trillion mark for the third month showing clear signs of recovery
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The revenues for the month of September 2021, are 23 per cent higher than the GST revenues in September 2020.
In the recent instruction, the GST investigation wing asked the field formation to issue showcause notices well before the last date, so that the probe can be completed
The GST Council has agreed to levy compensation cess for an extended period upto March 2026 to enable the Centre to repay the loans, to compensate states for GST collection shortfall