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Kerala said in GST Council meeting, states should get 60 percent share of GST
Thiruvananthapuram, Kerala Finance Minister K. N. Balagopal has called for a review of the Goods and Services Tax (GST) tax share ratio among the central states and said 60 per cent should go to the states, while now it is shared equally.Currently, the ratio is 50:50 and it should be changed...- NewsBot
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- balagopal council decided decision e-commerce finance goods igst kerala meeting minister ratio services share state
- Category: Business & Economy
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GST collection in May stood at Rs 1.73 lakh crore, which is 10 percent more on annual basis.
According to the Finance Ministry, the gross GST collection till May in the financial year 2024-25 stood at Rs 3.83 lakh crore, showing a year-on-year growth of 11.3 percent.After accounting for refunds, net GST revenue stood at Rs 3.36 lakh crore in FY 2024-25 till May 2024, showing a growth...- NewsBot
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- 2 min read
- 2024-25 accounting cent cgst collection crore growth igst lakh period revenue sgst showing stood
- Category: Business & Economy
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GST collection crosses Rs 2 lakh crore due to strong economic momentum, efficient collection: FM
New Delhi, Finance Minister Nirmala Sitharaman said on Wednesday that GST collection has crossed the Rs 2 lakh crore mark on the back of strong economic momentum and efficient tax collection.In a post on Twitter Also appreciated. ,"Thanks to the strong momentum in the economy and efficient...- NewsBot
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- 1 min read
- april cgst collection collections crore crossed efficient goods igst lakh momentum services settlement sitharaman strong
- Category: Business & Economy