Tag: GST Collection

  • Tripura’s GST collection has more than doubled in 5 years: DyCM

    “It was not easy to take all the states into one boat but Prime Minister Narendra Modi has successfully implemented the GST across the nation,” he said.

  • PM Narendra Modi lauds multiple developments from record vaccination to Olympic wins

    By PTI
    NEW DELHI: Prime Minister Narendra Modi on Monday noted a number of developments, from record vaccination to high GST collection and the performance of PV Sindhu and Indian hockey teams in Olympics, to laud multiple happenings that are heartening to every Indian as the ‘Amruta Mahotsav’ begins.

    The government has launched ‘Amrut Mahotsav’ to mark the 75th anniversary of India’s Independence in 2022.

    Not only has PV Sindhu won a well deserved medal, but also we saw historic efforts by the men’s and women’s hockey teams at the Olympics. I’m optimistic that 130 crore Indians will continue to work hard to ensure India reaches new heights as it celebrates its Amrut Mahotsav.
    — Narendra Modi (@narendramodi) August 2, 2021

    The prime minister tweeted, “As India enters August, which marks the beginning of the Amrut Mahotsav, we have seen multiple happenings which are heartening to every Indian. There has been record vaccination and the high GST numbers also signal robust economic activity.”

    “Not only has PV Sindhu won a well deserved medal, but also we saw historic efforts by the men’s and women’s hockey teams at the Olympics,” he said. Modi said he was optimistic that 130 crore Indians will continue to work hard to ensure that India reaches new heights as it celebrates its ‘Amrut Mahotsav’.

    In signs of acceleration in economic activity, India’s tax collections on goods sold and services rendered returned to over Rs 1 lakh crore in July after the second wave of COVID-related restrictions caused a blip in the previous month.

    Goods and Services Tax (GST) mop-up grew 33 per cent year-on-year in July to over Rs 1.16 lakh crore, indicating that the economy is recovering at a fast pace. In July 2020, the collection was Rs 87,422 crore. Over 13 crore vaccine doses were administered in July and the vaccination programme will be speeded up further this month.

  • There will be no shortage of iron ore and coal for local industries: Mr. Bhupesh Baghel

    Chief Minister Mr. Bhupesh Baghel has said that there will be no shortage of iron ore and coal for local industries in Chhattisgarh. The State Government is continuously making efforts in this regard with NMDC and Central Government. He has asked industrialists of Chhattisgarh to set up small units of industries for value addition in small forest produce in forest areas of the state including Bastar. Chief Minister Mr. Baghel was addressing the ‘Nava Bihan of Chhattisgarh’ program held at a private hotel in the capital Raipur today.

    The Chief Minister said that during the Corona crisis, when the entire country was affected by the economic recession, the industry in Chhattisgarh remained untouched by the recession. During the lockdown, Chhattisgarh’s industries started functioning in the first month of April in the country. Our industrialists contributed significantly to this. Chhattisgarh tops the GST collection today. The credit for this also goes to the people of our industry and business. Production continued even during the Corona crisis in iron ore and coal mines in Chhattisgarh. Mr. Baghel said that the state government, in consultation with industrialists, laid down the new industrial policy of the state. Due to which 103 MoUs were signed in the last two years. A capital investment of Rs 42 thousand crore is proposed in the state through these MoUs. The Chief Minister said that now the challenge of implementing these MoUs is with the state government as well as industrialists. The Chief Minister asked the officers to work in a professional manner for the implementation of these MoUs. Officers should work in better coordination with industrialists to establish industries.