{"id":8789,"date":"2024-06-14T03:48:14","date_gmt":"2024-06-14T03:48:14","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=8789"},"modified":"2024-06-14T03:48:14","modified_gmt":"2024-06-14T03:48:14","slug":"telanganareported-a-26-increase-in-goods-and-services-tax-gst-collection-this-july-raising-rs-3610-crore-compared-to-the-same-period-last-year-when-it-mustered-rs-2876-crore","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/telanganareported-a-26-increase-in-goods-and-services-tax-gst-collection-this-july-raising-rs-3610-crore-compared-to-the-same-period-last-year-when-it-mustered-rs-2876-crore\/","title":{"rendered":"Telanganareported a 26% increase in Goods and Services Tax (GST) collection this July, raising Rs 3,610 crore compared to the same period last year, when it mustered Rs 2,876 crore."},"content":{"rendered":"

But this years Growth<\/a> rate is less than the countrys overall growth rate of 32% in July this year against the same period last year.<\/p>\n

According to data on GST collection from the Union Government<\/a>, neighbouring Andhra Pradesh reported a 28% increase, higher than in July this year.
Tamil<\/a> Nadu had the highest growth rate among southern states in GST collection, with a 36% increase in July this year. While Keralas GST collection growth stood at 27% in July 2021, Karnataka had the lowest growth at 12% in the same period.
During the second Covid-19 pandemic, the Telangana governments goods and Services<\/a> tax (GST) collection has improved with a 17 percent increase this March when compared to March 2020.<\/p>\n

According to the Union governments GST collection figures, the State Government<\/a> collected Rs 3,562 crore in March 2020 and it has gone up to Rs 4,166 crore in March this year.<\/p>\n

Except a few months, GST collection in Telangana has been steadily increasing since July last year. The state had a negative growth rate in November 2020, with a 5 % decrease in GST collection compared to November 2019. GST collection figures for October 2020 and 2019 were Rs 3,175 crore and Rs 3,349 crore respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"

But this years Growth rate is less than the countrys overall growth rate of 32% in July this year against the same period last year. According to data on GST collection from the Union Government, neighbouring Andhra Pradesh reported a 28% increase, higher than in July this year. Tamil Nadu had the highest growth rate … 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":[1097],"tags":[789],"class_list":["post-8789","post","type-post","status-publish","format-standard","hentry","category-telangana","tag-12-08-21"],"yoast_head":"\nTelanganareported a 26% increase in Goods and Services Tax (GST) collection this July, raising Rs 3,610 crore compared to the same period last year, when it mustered Rs 2,876 crore. - 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\/telanganareported-a-26-increase-in-goods-and-services-tax-gst-collection-this-july-raising-rs-3610-crore-compared-to-the-same-period-last-year-when-it-mustered-rs-2876-crore\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Telanganareported a 26% increase in Goods and Services Tax (GST) collection this July, raising Rs 3,610 crore compared to the same period last year, when it mustered Rs 2,876 crore.\" \/>\n<meta property=\"og:description\" content=\"But this years Growth rate is less than the countrys overall growth rate of 32% in July this year against the same period last year. According to data on GST collection from the Union Government, neighbouring Andhra Pradesh reported a 28% increase, higher than in July this year. Tamil Nadu had the highest growth rate ... 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According to data on GST collection from the Union Government, neighbouring Andhra Pradesh reported a 28% increase, higher than in July this year. Tamil Nadu had the highest growth rate ... 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