Page-2 of GST
GST Revenues in February
The February 2022 collection of GST (Goods and Services Tax) stood at Rs. 1,33,026 crores which is 18 per cent higher than February 2021. This year’s collection was higher by 26 per cent in comparison to the GST collection in ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs - 2024
AAR Ruling: GST on Guest Lectures
The Authority for Advance Ruling (AAR) of the Karnataka bench has ruled that 18 percent GST will be levied on the income that is earned from providing guest lectures. Overview: The petitioner contacted the AAR to obtain clarification as to ..
Month: Current Affairs - February, 2022
Category: Legal & Constitution Current Affairs
Digital Government Mission
The Digital Government Mission was launched by the Ministry of Electronics and Information Technology. The mission will deliver government services to the citizens. It will use machine learning and artificial intelligence to deliver the services. How will the mission work? ..
Month: Current Affairs - January, 2022
Category: Government Schemes Current Affairs
GST Collections November 2021
The GST revenue for the month of November 2021 was Rs 1,31,526 crores. This is the second highest collection since the introduction of GST in the country. The first highest collection was in April 2021. GST Collections The CGST was ..
Month: Current Affairs - December, 2021
Tamil Nadu -First state to cut petrol price by Rs. 3/litre
Tamil Nadu has become the first state in India to cut the petrol price in fiscal year 2021-22 by Rs 3/litre, providing a major relief to consumers. Key Points Price cut was announced by State Finance Minister Palanivel Thiagarajan during ..
Month: Current Affairs - August, 2021
Govt. begins review of legal issues in GST
The Central Government has begun a review of the goods and services tax (GST) law so as to provide clarity on the various issues that have cropped up regularly since it implemented in the year 2017. Highlights This review ..
Month: Current Affairs - July, 2021