Tag Archives: income deficit

GST Revenue Reaches $ 1 Billion By Fifth Month

The collection of taxes on goods and services (GST) by the Center and the states exceeded the ₹$ 1 trillion for the fifth consecutive month in February, helped by an aggressive push to improve business compliance and recovery. The sustained rise in GST collections, which recovers after a sharp drop …

Read More »

The Ministry of Finance releases Rs 6,195 million to 14 states

[ad_1] The government released Rs 6,195.08 crore to 14 states as the second equivalent monthly installment of the Revenue Deficit Grant after Repayment on Monday. “This would provide them with additional resources during the Corona crisis,” the finance ministry said in a statement Monday. The grant was recommended by the …

Read More »