The Supreme Court’s ruling that the States and the Centre can equally legislate on matters of Goods and Services Tax (GST) is a welcome development. This upholds the spirit of cooperative federalism, for which the States like Telangana have been steadfastly fighting. In fact, Telangana Chief Minister K Chandrashekhar Rao has been at the forefront […]
New Delhi: Gross revenue collection from the Goods and Services Tax (GST) surged to Rs 1.33 lakh crore in February, posting an increase of 18 per cent year-on-year, the government data showed on Tuesday. The gross GST revenue collected in the month of February 2022 is Rs 1,33,026 crore of which CGST is Rs 24,435 […]
Hyderabad: Finance Minister T Harish Rao on Monday urged the Centre for the release of the grants due to Telangana since 2018-19 at the earliest. He urged the intervention of union Finance Minister Nirmala Sitharaman in these matters In a letter written to Nirmala Sitharaman, Harish Rao stated that grants under section 94(2) of the […]
New Delhi: GST revenue collected in December 2021 was over Rs 1.29 lakh crore, 13 per cent higher than the same month last year, the Finance Ministry said on Saturday. Though the collection was lower than Rs 1.31 lakh crore mopped up in November, December is the sixth month in a row when revenue from […]
Hyderabad: Telangana will seek early release of pending GST (Goods and Services Tax) compensation to the State at the 45th GST Council meeting scheduled to be held at Lucknow in Uttar Pradesh on September 17. The State government, which had strongly opposed the Centre’s attempt to impose ‘backdoor GST’ on liquor in the name of […]
Ajay Bhushan Pandey said the generation of e-way bills, needed for transportation of goods, is back to pre-Covid levels and online payments have risen exponentially
Finance Minister Nirmala Sitharaman said the states which received less apportionment of IGST for 2017-18, the Centre will next week transfer a cumulative Rs 24,000 crore to them
