Of the total collection, the government obtained a CGST of Rs 19,189 crore, SGST of Rs 25,540 crore, IGST of Rs 51,992 crore and Cess of Rs 8,242 crore. The government raised GST revenue of more than Rs 1 lakh crore per second consecutive month in November 2020. GST collections …
Read More »
Prime Minister Narendra Modi on Saturday called for greater transparency in governance systems and decisive action by the G20 to counter the impact of the Covid-19 crisis, which should focus on both economic recovery and land preservation. Modi participated in the two-day virtual summit chaired by Saudi Arabia together with …
Read More »
New Delhi: HDFC Ltd mortgage lender chief executive Keki Mistry said on Saturday that “the worst is over” and that the economic recovery has been faster than expected. Stating that growth in the December quarter could outpace the expansion seen in the corresponding quarter a year ago, Mistry said the …
Read More »
NEW DELHI: India may have crossed the Covid-19 spike, case burden data suggests for the 14-day period Sept. 17-30, the Finance Ministry said in a report while warning that the disease was far from over and urged all stakeholders to push for economic recovery as the positivity rate improves. The …
Read More »
NEW DELHI: The number of electronic permits obtained for the transport of goods in September, as well as the receipts for goods and services tax (GST) collected in the month, are “positive signs of economic recovery,” said Finance Secretary Ajay Bhushan Pandey. Positive GST revenue growth of 4% YoY in …
Read More »
India’s economic recovery prospects have gone from bad to worse after the nation emerged as a new global hotspot for the coronavirus pandemic with more than 5 million infections. Economists and global institutions like the Asian Development Bank have recently cut India’s growth projections from record lows as the virus …
Read More »
NEW DELHI: The Finance Ministry said on Friday that the country is witnessing a V shape Economic recovery and attributed the strong 23.9 percent contraction of the economy in the June quarter to a “strict lockdown” that was put in place to slow the spread of coronavirus infections. Among the …
Read More »