02.12.22

The gross GST revenue collected in the month of November 2022 is1,45,867 croreof which CGST is25,681 crore, SGST is32,651 crore, IGST is77,103 crore(including 38,635 crore collected on import of goods) and Cess is10,433 crore(including 817 crore collected on import of goods)

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The government has settled 33,997 crore to CGST and 28,538 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of November 2022 is 59678 crore for CGST and 61189 crore for the SGST. In addition, Centre had also released 17,000 crore as GST compensation to States/UTs in November 2022.

Union Minister for Civil Aviation Shri Jyotiraditya Scindia Launches Digi Yatra for Three Airports in the Country

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Union Minister for Civil Aviation Shri Jyotiraditya Scindia today launched Digi Yatra from the Indira Gandhi International Airport, New Delhi for three in the country, namely New Delhi, Varanasi and Bengaluru. Digi Yatra is conceived to achieve contactless, seamless processing of passengers at airports based on Facial Recognition Technology (FRT).

The project envisages a traveller today pass through various check points at the airports through a paperless and contactless processing using facial features to establish her identity which could be linked to the boarding pass. To use this facility, one-time registration on Digi Yatra app is required using Aadhar based validation and a self-image capture. The project has tremendous advantages of improving passenger convenience and ease of travel.

With Digi Yatra, India will now stand in the ranks of world class airports like Heathrow in London and Atlanta in United States of America. Elucidating on the benefits of Digi Yatra, the Minister stated the example of Dubai Airport where passenger time upto 40 percent was saved due to this technology.

UKIBCs Doing Business in India Report 2022

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Doing Business in India Report 2022 was released by the UK India Business Council (UKIBC). Its findings are based on a survey of 111 UK businesses and higher Education institutions. It is consistent with the 7 previous surveys that were conducted each year from 2015 to 2021. Their purpose is to assess the views and experiences of UK businesses and higher education institutions in Indias business Environment.

The findings of the 2022 report was shared with the Department for Promotion of and Internal Trade (DPIIT) the nodal department for promoting Ease of Doing Business in India and with the Maharashtra Industrial Development Corporation, which is responsible for supporting investors in the state.

The requirement to transfer intellectual property is seen as an issue by the UK business. These businesses are looking for improved investor protection, regulatory certainty and IP protection and processes.