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India gst revenue growth with year

New Delhi: GST collections hit a record high of Rs 2.37 lakh crore in April. This is the highest tax collection in a single month since the introduction of GST in 2017. GST india What is the revenue collection of GST in India Earlier, the highest collection was Rs 2.10 lakh crore in April last year. The collection in March was Rs 1.96 lakh crore. In April last year, GST was collected from domestic transactions to the tune of Rs 1.90 lakh crore and from imported goods to the tune of Rs 46,913 crore. Refunds were given for Rs 27,341 crore. After deducting refunds, the net GST collection increased by 9.10 percent to Rs 2.09 lakh crore. In this context, Tamil Nadu's GST revenue in April last year increased by 13 percent to Rs 13,831 crore. The central government has estimated that the country's GST revenue in the current financial year will increase by 11 percent to Rs 11.78 lakh crore. UPI transactions decline in the last month The country's UPI transactions declined ...

This gold price is not permanent.

This gold price is not permanent, but when people think of a problem in the country, they buy gold first. It is good to buy as much as needed, but buying too much is foolish. When there is a famine, the things they buy are food, clothing, and money. If we don't have money, it is difficult to sell gold for urgent needs. Gold price Gold market crash history Will there ever be a situation where gold , which has been rising very, very rapidly in a short period of time, will become a commodity? Studies on gold say that it may come. If we look at the price of gold over the past 50 years, rather than just 10 or 20 years, it seems that what you are saying has happened. That is, in September 1980, the price of 1 ounce of gold touched $666. 19 years later, in September 1999, the same 1 ounce of gold was sold for $255. A 62 percent decline. An ounce did not touch $666 again until 2007. That is, 27 years later. Next, in 2012, 1 ounce of gold touched $1,772. But, in just three ye...

Which transactions are monitored by Income Tax Department?

The tax department is monitoring high-value cash transactions. At the same time, it is also monitoring digital transactions. It uses modern techniques to find out the relationship between income and expenses. Income tax What types of transactions are monitored? Apart from bank statements, it also examines many data including real estate transactions and travel documents. When expenses are not matched with income, it sends notices and conducts investigations. The Income Tax Department can look at important cash transactions that may attract attention. Savings Account: The Income Tax Department takes note of depositing large amounts of cash in bank savings accounts. If you deposit more than Rs 10 lakh in a savings account in a total year, the Income Tax Department may investigate. Action will be taken if there is no proper evidence. Deposit Funds: You should be careful while investing cash in banks. If you deposit more than Rs 10 lakh in cash in a total year, the Income Tax Depart...

What is the new rule of RBI for gold loans?

New Delhi, RBI's draft report to prevent gold jewelry loan fraud The Reserve Bank has recently released a draft report with a view to reforming the gold jewelry loan business. jewellery loan new rule What is the gold policy of RBI? Banks, non-banking financial institutions known as NPSCs, cooperative banks, regional rural banks, etc. are currently involved in the gold jewelry loan business. Among these, arbitrary extension or reduction of the loan period, differences in the valuation of the jewelry, security of the mortgage jewelry , and determination of the jewelry loan amount differ among banks and financial institutions. Key changes in gold and jewellery loans Banks and financial institutions are not allowed to provide loans on gold and silver bars No loans are allowed on exchange-traded ETFs and mutual fund units Loans are allowed on gold jewellery and coins as they are easily convertible Loans should be given based on the borrower's repayment capacity If there is any d...

What will be the IPO expectations for india company

What will be the IPO expectations for 2025, More than 30 startups are planning to go public in the Indian stock market in the next two years, according to a report by Bloomberg. New ipo What are the upcoming IPOs in India Despite the current lull in the initial public offering ( IPO ) market , more than 30 leading technology startups are preparing to go public by 2027, according to Bloomberg News. Walmart-owned Flipkart, PhonePe, and Oyo Hotels are among the companies on the list, with a combined market valuation of more than $100 billion. Unlike previous startups, these new entrants have strong financials, according to a report by the Rhinemaker Group. Many of these companies are on the verge of a major IPO. Meanwhile, the volatility of the stock market has led to a 34 percent drop in the number of shares traded in the first quarter of this year. What happens if Sensex increases? The stock markets, which had plunged to their lowest point yesterday, rose significantly...