{"id":6372,"date":"2024-06-14T02:32:19","date_gmt":"2024-06-14T02:32:19","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=6372"},"modified":"2024-06-14T02:32:19","modified_gmt":"2024-06-14T02:32:19","slug":"lockdown-pulls-down-madhya-pradeshs-gst-collection-37-in-april","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/lockdown-pulls-down-madhya-pradeshs-gst-collection-37-in-april\/","title":{"rendered":"Lockdown pulls down Madhya Pradeshs GST collection 37% in April"},"content":{"rendered":"

Corona virus triggeredlockdowninMadhya Pradeshduring the second surge has badly hit tax collection in the state affecting the financial Health<\/a> of the already cashstrappedShivrajgovernment.<\/mark><\/p>\n

Roughly, there has been a 37% decline in theGST collectionof Madhya Pradesh in the month of April, when lockdown was imposed from the middle of the month.<\/mark><\/p>\n

States othersourcesof revenue including income from liquor sales and petrol and diesel also dried up during the lockdown. While the liquor shops were completely shut down, petrol diesel sales went down by about 30% compared to the previous month.<\/mark><\/p>\n

There was a major dent in the revenue accrued to the state as settlement of the State GST (SGST) and the Integrated GST (IGST) of the state.<\/mark><\/p>\n

It went down from Rs 2,021 crore in March this year to only Rs 1,100 crore in April, a decline of almost 46% according to finance department figures.<\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"

Corona virus triggeredlockdowninMadhya Pradeshduring the second surge has badly hit tax collection in the state affecting the financial Health of the already cashstrappedShivrajgovernment. Roughly, there has been a 37% decline in theGST collectionof Madhya Pradesh in the month of April, when lockdown was imposed from the middle of the month. States othersourcesof revenue including income … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1085],"tags":[682],"class_list":["post-6372","post","type-post","status-publish","format-standard","hentry","category-madhya-pradesh","tag-06-07-06-21"],"yoast_head":"\nLockdown pulls down Madhya Pradeshs GST collection 37% in April - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/lockdown-pulls-down-madhya-pradeshs-gst-collection-37-in-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lockdown pulls down Madhya Pradeshs GST collection 37% in April\" \/>\n<meta property=\"og:description\" content=\"Corona virus triggeredlockdowninMadhya Pradeshduring the second surge has badly hit tax collection in the state affecting the financial Health of the already cashstrappedShivrajgovernment. Roughly, there has been a 37% decline in theGST collectionof Madhya Pradesh in the month of April, when lockdown was imposed from the middle of the month. States othersourcesof revenue including income ... 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Roughly, there has been a 37% decline in theGST collectionof Madhya Pradesh in the month of April, when lockdown was imposed from the middle of the month. States othersourcesof revenue including income ... 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