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The Finance Ministry is set to review the windfall tax on fuel exports, including petrol, diesel, and Aviation Turbine Fuel (ATF), following the stabilization of global crude oil prices. The tax, introduced in July 2022, was implemented to address the substantial profits earned by oil refiners exporting fuel, which had an impact on domestic supplies. The review will assess the tax’s effectiveness and the revenue it has generated, with the Ministry of Petroleum and Natural Gas already re
The Finance Ministry is set to review the windfall tax on fuel exports, including petrol, diesel, and Aviation Turbine Fuel (ATF), following the stabilization of global crude oil prices. The tax, introduced in July 2022, was implemented to address the substantial profits earned by oil refiners exporting fuel, which had an impact on domestic supplies. The review will assess the tax’s effectiveness and the revenue it has generated, with the Ministry of Petroleum and Natural Gas already re
In a positive sign for the Indian economy, the Goods and Services Tax (GST) collections for September 2023 increased by 6.5% year-on-year, totaling ₹1.73 lakh crore. This marks a rise from ₹1.63 lakh crore collected in September of the previous year. The net GST collection after refunds stood at ₹1.53 lakh crore, showing a growth of 4% compared to ₹1.47 lakh crore in September 2022.
So far this fiscal year, the government has recorded a gross GST revenue of ₹10.87 lakh cro
In a positive sign for the Indian economy, the Goods and Services Tax (GST) collections for September 2023 increased by 6.5% year-on-year, totaling ₹1.73 lakh crore. This marks a rise from ₹1.63 lakh crore collected in September of the previous year. The net GST collection after refunds stood at ₹1.53 lakh crore, showing a growth of 4% compared to ₹1.47 lakh crore in September 2022.
So far this fiscal year, the government has recorded a gross GST revenue of ₹10.87 lakh cro
A panel of state ministers, established by the Goods and Services Tax (GST) Council, is set to convene in Goa on September 24 and 25. This six-member group, led by Bihar Deputy Chief Minister Samrat Chaudhary, will review the implications of rate rationalization on at least 100 items. The discussions aim to analyze potential changes in GST slabs and rates, particularly focusing on essential goods.
During the two-day meeting, the panel will explore various
A panel of state ministers, established by the Goods and Services Tax (GST) Council, is set to convene in Goa on September 24 and 25. This six-member group, led by Bihar Deputy Chief Minister Samrat Chaudhary, will review the implications of rate rationalization on at least 100 items. The discussions aim to analyze potential changes in GST slabs and rates, particularly focusing on essential goods.
During the two-day meeting, the panel will explore various
Government Support for Amaravati Farmers: In a significant move, the Andhra Pradesh government has provided crucial support to farmers in the Amaravati region who donated their land for capital development during the 2014-15 period. The Capital Region Development Authority (CRDA) has deposited funds directly into the accounts of these farmers, ensuring they receive the compensation owed to them.
Extended Rent for Contributing Farm
Government Support for Amaravati Farmers: In a significant move, the Andhra Pradesh government has provided crucial support to farmers in the Amaravati region who donated their land for capital development during the 2014-15 period. The Capital Region Development Authority (CRDA) has deposited funds directly into the accounts of these farmers, ensuring they receive the compensation owed to them.
Extended Rent for Contributing Farm
According to a recent survey conducted between August 1 and August 10 across 12-20 districts in Telangana, over 72% of residents expressed satisfaction with Chief Minister A. Revanth Reddy’s Congress government. The survey highlights that the public appreciates the government's effective administration and commitment to welfare and development. Notably, the Congress government has been praised for its free travel scheme for women on RTC buses, which has received an overwhelmingly po
According to a recent survey conducted between August 1 and August 10 across 12-20 districts in Telangana, over 72% of residents expressed satisfaction with Chief Minister A. Revanth Reddy’s Congress government. The survey highlights that the public appreciates the government's effective administration and commitment to welfare and development. Notably, the Congress government has been praised for its free travel scheme for women on RTC buses, which has received an overwhelmingly po
Koratala Siva, a renowned filmmaker in the Telugu film industry, recently drew attention with his remarks about taxpayer privileges during a podcast hosted by former IAS officer Jayaprakash Narayanan. Known for his successful directorial career, Siva shared a personal anecdote about an incident at the airport where he felt entitled to special treatment due to his high tax contributions.
During the podcast, Siva recounted an experience where, due to a tight schedule,
Koratala Siva, a renowned filmmaker in the Telugu film industry, recently drew attention with his remarks about taxpayer privileges during a podcast hosted by former IAS officer Jayaprakash Narayanan. Known for his successful directorial career, Siva shared a personal anecdote about an incident at the airport where he felt entitled to special treatment due to his high tax contributions.
During the podcast, Siva recounted an experience where, due to a tight schedule,
Chief Minister Chandrababu Naidu has responded to a surge of complaints regarding alleged fraudulent activities linked to the previous YCP government’s housing scheme. Many grievances raised during the Praja Darbar program highlight accusations that public representatives under the YCP administration engaged in illicit land grabs under the guise of housing development. This has prompted CM Naidu to direct the vigilance department to conduct a comprehensive inquiry into the transactions
Chief Minister Chandrababu Naidu has responded to a surge of complaints regarding alleged fraudulent activities linked to the previous YCP government’s housing scheme. Many grievances raised during the Praja Darbar program highlight accusations that public representatives under the YCP administration engaged in illicit land grabs under the guise of housing development. This has prompted CM Naidu to direct the vigilance department to conduct a comprehensive inquiry into the transactions
