KN Balagopal Calls Out Central Govt for Cutting IGST Allocation to Kerala, Predicts Economic Crisis
Central Government Cuts IGST Allocation to Kerala, Raises Economic Concerns Finance Minister KN Balagopal has expressed deep concerns over the central government’s decision to slash the IGST allocation to the state of Kerala by 332 crore rupees in November. Speaking at a press conference in Palakkad on the occasion of the New Kerala Assembly, Balagopal […]
GST Revenue Sees Impressive Growth: 10.8% Increase in July Collection
Government Reports 10.8% Surge in GST Revenue; Collects ₹1.65 Lakh Crore in July In a positive development, the Goods and Services Tax (GST) revenue in the country witnessed a significant increase, with ₹1.65 lakh crore collected in the month of July. This marks a substantial growth of 10.8% in the GST revenue. The amount collected […]
Center Hiked 5 Percent GST will not Apply in Kerala Says CM Pinarayi Vijayan | Raised 5% GST will not be implemented in Kerala; There will be a kit for Onam: Chief Minister
Thiruvananthapuram : The food kit will be provided this year also onam, starting during the covid period in the state. This time a kit containing 14 items is given. Chief Minister Pinarayi Vijayan said in a press conference that the cost is expected to be Rs 425 crore. Also, GST on consumer goods will not […]
Union Budget 2022 | How long will Nirmala Sitharaman’s budget speech last?
The Union Budget 2022 for 2022-23 will be presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on February 1. The budget speech will begin at 11 a.m. Tuesday. The presentation usually lasts 90 to 120 minutes. Presenting her maiden budget for the financial year 2019-2020, Nirmala Sitharaman set the record for the longest […]
Council to High Court | Petrolium | | GST | | Kerala High Court | | Manorama News |
Kochi: The GST Council in the High Court has said that petroleum products cannot be included in the scope of GST. The Council is of the view that petroleum products are a major source of income and in this case detailed discussions and studies are required on bringing them under GST. Kovid replies that there […]
Petrol prices will not go down with GST; It is enough to avoid cess; Minister
Finance Minister KN Balagopal has said that there will be no special benefit as petrol and diesel are subject to GST. If the price is to go down, it is enough to avoid the cess. He said most states were opposed to bringing the GST under the ambit. Watch the video. .
Petrol will not be on GST soon, but the Center says it cannot continue like this all the time; GST Council meeting today
Delhi, First Published Sep 17, 2021, 7:15 AM IST Delhi: The Center has made it clear that petrol will not be included in the GST soon. According to central government officials, petrol will be included in the GST in the near future. The 45th GST Council meeting is scheduled to be held in Lucknow today. […]
Can I have petrol for Rs 55? Crucial GST Council meeting tomorrow
With fuel prices soaring beyond Rs 100 in the country, everyone is looking forward to tomorrow’s GST Council meeting. Will bringing petrol and diesel under GST really reduce prices? At least who will benefit from it? Why does Kerala oppose this proposal? The GST Council will discuss the matter tomorrow in view of the Kerala […]
Kerala opposes GST on fuel prices; Because this is | Kerala opposes GST on fuel prices reason
EIt is reported that the central government is planning to include petroleum products in the GST as fuel prices are breaking all-time highs. The GST Council meeting to be chaired by Finance Minister Nirmala Sitharaman on Friday will discuss the issue. The GST system can only be changed with the support of three-fourths of the […]
