Sunday, November 27, 2022

ਵਾਹਿਗੁਰੂ

spot_img


For the first time, Punjab crosses 10k crore GST collection in 6 months: Harpal Cheema

Chandigarh, October 05, 2022 (Yes Punjab News)
Punjab Finance, Planning, Excise and Taxation Minister Advocate Harpal Singh Cheema said that Punjab has collected GST of Rs 10604 crore during the first six months of the current financial year, crossing the 10 K mark for first time since the implementation of the GST regime.

Issuing a statement here, the Finance Minister said that the state has seen a growth of 22.6 percent in GST collection in the current financial year as against the same period last year. He further added that during the first six months of the last financial year GST collection stood at Rs 8650 crore whereas during the current year the state has earned Rs 1954 crore more, taking the total GST collection to Rs 10604 crore.

Disclosing the GST figures for the month of September 2022, Harpal Singh Cheema said that the state has registered a growth rate of 22 percent. He said that the GST collection for September this year was Rs 1710 crore as compared to the collection of Rs 1402 in September 2021.

The Finance Minister said that the Chief Minister Bhagwant Mann led Punjab Government has estimated a GST collection of Rs 20,550 crore in its maiden budget for the Financial Year 2022-23. “The state has achieved more than 50 percent in the first six months”, said the Finance Minister while adding that the state is expected to see a healthy growth in GST collection during the upcoming festival season.

The Finance Minister said that the state government has passed the Punjab Goods and Services Tax (Amendment) Bill 2022 in the Punjab Assembly to plug all loopholes besides stopping bogus billing which would not only benefit the traders but would also increase the own revenue of the state.

CLICK HERE to like YesPunjab.com Facebook Page for regular updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

spot_img

Stay Connected

45,613FansLike
114,077FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

As Airport Lounges Become More Crowded, Credit Card Issuers Have Put up Some Guidelines around Accessing the Benefit – Know Details Here

There was a time when economy-focused leisure travellers used to find it hard to get airport lounge access. Gone are those days, as now...

Guidelines for Picking Your Favourite student cover Plan

While accidents can happen at any time, children are a lot more prone to these, especially in school. Here, investing in a student cover...

The India we see now was envisioned by Nehru, brick by brick – by Sandeep Bamzai

Protected by British power, the rulers of princely states neglected their subjects; they not only collected rent, but also various illegal levies and subjected...

SPORTS

Health & Fitness

National Anti-Obesity Day: Beware of slow pandemic, caution experts

Bengaluru, Nov 26, 2022- Obesity is a slow pandemic and one must be careful especially about childhood obesity, as per experts. The national Anti-Obesity day is celebrated on November 26 every year to create awareness of dangers of obesity and prevention of the pandemic. Dr Shyam Sundar C.M.A Consultant Endocrinology and Diabetology, SPARSH Hospital states that obesity is a slow pandemic...

Gadgets & Tech

error: Content is protected !!