Puducherry Makes Rs 600 Crore Revenue From GST In 2022: Lt Governor Soundararajan
The Union Territory of Puducherry has yielded Rs 600 crore this year, as way of GST (Goods and Services Tax), said Lieutenant Governor Tamilisai Soundararajan, on May 10. Reportedly, this is the highest revenue Puducherry has ever made by way of GST. Furthermore, she stated that over 8,000 enterprises contributed to the revenue. She then praised the GST department for their development.
Tags: Puducherry, Pondicherry, Union Territory, GST, Tax Revenue
Courtesy: Press Trust Of India
GST Collection 2021; Economy Slightly Recovers From The Pandemic Hit
GST Collection in the month of September exhibits slight traces of economic recovery from the pandemic compared to 2020. The Tax revenue for the month of September alone crossed over Rs 1,17,010 crores which was 23% higher than the tax collected last year in the same period. The higher tax collection will help the government balance the Budget Deficit of 31% that arose due to lockdowns during the second wave.
Tags: GST, GST collection, Tax Revenue, Union Budget 2021, Budget deficit
Courtesy: The Economic Times