GST Revenue Touches Record High in March

The statement from the Finance Ministry states that GST collections scaled to a record high of Rs 1.06 trillion in March. The revenue collection was Rs 97,247 crore in the month of February. Record Revenue Mobilisation The record revenue collection was attributed to increased compliance and increase in the number of returns filed. Total gross GST revenue ..

Month: Current Affairs - April, 2019

Category: Economy & Banking Current Affairs

Topics: Central GST • CGST • Goods and Service Tax • GST • IGST • Integrated GST • Revenue Mobilisation • SGST • State GST

Revenue Mobilisation: Interim Budget 2019

The interim budget has announced a slew of welfare measures for farm and rural economy, middle class, realty and housing and the unorganised sector. The burden on the exchequer due to the farm income support scheme PM-KISAN itself comes around Rs 75000 crores. This necessitates the government to explore the avenues to find the corpus to ..

Month: Current Affairs - February, 2019

Topics: dividend transfers • Goods and Service Tax • GST • interim Budget 2019 • PM-Kisan • RBI • Reserve Bank of India • Revenue Mobilisation