In another indicator of economic slowdown, GST collection has dropped below Rs 1 lakh crore mark to Rs 91,916 crore for September. The September collection is believed to be the lowest in nineteen months.The revenue during September, 2019 has declined by 2.67% in comparison to the revenue during September, 2018. During April-September, 2019 vis-à-vis 2018, the domestic component has grown by 7.82% while the GST on imports has shown negative growth and the total collection has grown by 4.90%
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Watch Rs 91,916 crore total gross GST revenue collected in September With HD Quality.
In another indicator of economic slowdown, GST collection has dropped below Rs 1 lakh crore mark to Rs 91,916 crore for September. The September collection is believed to be the lowest in nineteen months.The revenue during September, 2019 has declined by 2.67% in comparison to the revenue during September, 2018. During April-September, 2019 vis-à-vis 2018, the domestic component has grown by 7.82% while the GST on imports has shown negative growth and the total collection has grown by 4.90%
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Record levels of loan recovery have been reached in FY19, with recovery of Rs 1.21 lakh crore as against Rs. 77,563 crore in FY18.
Gross NPAs have come down to Rs 7.90 lakh crore from Rs 8.65 crore in December 2018: Finance Minister
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The Supreme Court has instructed telecom companies to deposit the dues sought by the government in three months in accordance with the court's Thursday order backing a broader definition of Adjusted Gross Revenue (AGR). But what is AGR and what does this judgement mean? ET Online's Sakshi Prashar and Tenzin Khando have the answer. (Text: ET Bureau)
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