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Showing posts with label gst. Show all posts
Showing posts with label gst. Show all posts

Sunday, September 05, 2021

GST revenue trends

07:44

 What is the news about?

The recent trends in GST revenue indicates that the recovery is neither smooth nor fast

 What is the progress of GST revenue collection?

  • With gross revenues of Rs. 1.12-lakh crore in August, the GST has now yielded over Rs. 1-lakh crore a month for almost a full year
  • The August collections are 30% higher and also 14% above the pre-pandemic levels of 2019-20
  • It pertains largely to economic activity in July and the ease in mobility restrictions in most States
  • While revenues from domestic transactions were up 27%, key industrial States saw faster growth, including Karnataka, Tamil Nadu and Maharashtra.

Is this an indicator of faster economic growth?

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Saturday, July 22, 2017

MCQs Based On GST (Goods and Service Tax) For Upcoming Exams

07:42


MCQs Based On GST (Goods and Service Tax) For Upcoming Exams


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