GST collections in August rises 11% to over 1.59 lakh crore
GDP growth was 7.8% in the June quarter, and it has increased by 8% nominally.
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GDP growth was 7.8% in the June quarter, and it has increased by 8% nominally.
A contractual employee who has been working with the Finance Ministry was arrested for leaking confidential data.
Finance Minister Nirmala Sitharaman in a recent press briefing, on the occasion of GST Day 2023 said that the monthly Goods and Services Tax (GST) revenue remaining over Rs 1.6 lakh crore has become the new normal since the implementation in 2017.
The Government intends to have a budget deficit of Rs 17.55 lakh crore, or 6.4 percent of GDP, in the current fiscal year.
RBI clarifies that no changes are expected to the current banknotes in circulation and the rumours in the media should not be considered.
This is the fifth time that the GST collection has crossed the Rs 13 lakh crore mark.
In November, India's output for eight core sectors thrived by 3.1 percent, in comparison to 7.5 percent in October 2021.
The GST rate hike on textiles from 5 per cent to 12 per cent was to come into effect from January 1.
The government is assured that this is an evolving technology; hence the government will keep an eye and take proactive steps, the people said.
The upcoming budget will be the fourth budget of the Modi 2.0 government and Finance Minister Nirmala Sitharaman.
Finance Minister Nirmala Sitharaman addresses a media briefing on the outcomes of the 45th GST Council meeting.
The Tata Group, through its holding company and SpiceJet chairman Ajay Singh, is likely to make its financial bid for the airline in its personal capacity.
Infosys had designed the new portal, which was found to have several technical issues after it started service. Users flagged the issue, often tweeting screenshots of the site and tagging the finance minister.
Only 136 individuals reported gross total income of ₹100 crores or more, compared to 141 in the previous year. In 2019, 77 reported a total income of 100 crores.
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