[ad_1] Company tax collections exceeded 3 per cent of the GDP after a niche of two years in 2021-22, reflecting general enchancment in profitability of India Inc propelled by enhance in demand for items and companies. Nevertheless, the company tax assortment is but to surpass its five-year excessive of three.51 per cent of GDP recorded in 2018-19. In precise phrases, the online company tax assortment in 2021-22 stood at Rs 7.12 lakh crore. The Gross Home Product (GDP) at present market value was Rs 236.64 lakh crore. The proportion of web company tax to GDP labored out to be 3.01…
Author: zee business
[ad_1] Authorities has collected gross Items and Companies Tax (GST) of Rs 1,49,507 crore throughout December 2022, a authorities launch stated. Out of this, CGST stood at Rs 26,711 crore, SGST at Rs 33,357 crore whereas IGST at Rs 78,434 crore (together with Rs 40,263 crore collected on import of products). This launch stated. In the meantime, cess is at Rs 11,005 crore (together with Rs 850 crore collected on import of products). The Authorities has settled Rs 36,669 crore to CGST and Rs 31,094 crore to SGST from IGST as common settlement. The full income of Centre and the States after common settlements within…
[ad_1] Aerospace and defence elements start-up ST Superior Composites which equipped the required structural elements for the manufacture of satellites for a UAE-based house company goals to faucet the market potential on this sector, a high official has mentioned. Town-based firm bagged the order from the house company in 2020 to provide elements that go into the manufacturing of the satellite tv for pc to review the soil and perform water evaluation on the Moon, director Devendran Thirunavukarasu mentioned. “The UAE-based house company supplied us one contract in December 2020 and it was accomplished efficiently in four-five months. After that…
[ad_1] Aadhaar-based e-KYC transactions elevated by 22 per cent month-on-month to twenty-eight.75 crore in November whereas the cumulative variety of the transaction crossed 1,350 crore, an official assertion mentioned on Thursday. The November month additionally recorded an 11 per cent month-on-month rise in Aadhaar authenticated transactions to 195.39 crore in November, in response to the assertion. “Aadhaar utilization by residents is witnessing continued progress throughout the nation. In November alone, 28.75 crore e-KYC transactions had been executed utilizing Aadhaar, a 22 per cent progress over the earlier month. By the top of November 2022, the cumulative variety of e-KYC transactions…
[ad_1] The nation’s startups will entice vital overseas direct investments (FDI) in 2023 on account of steps being taken by the federal government to strengthen the ecosystem for budding entrepreneurs, a high authorities official has stated. Secretary in Division for Promotion of Business and Inner Commerce (DPIIT) Anurag Jain stated India has the third largest startup ecosystem on the planet and the best way startups listed below are performing; quickly the nation will grow to be a high ecosystem globally. “Variety of acknowledged startups is growing considerably, the Fund of Funds for Startups (FFS) and Startup India Seed Fund Scheme…
[ad_1] Coronavirus Information: Delhi authorities on Monday started bodily visiting all authorities hospitals right here to determine their preparedness to take care of any eventuality in view of the surge in Covid circumstances in some nations. Delhi authorities on Monday started bodily visiting all authorities hospitals right here to determine their preparedness. Picture Supply: PTI [ad_2] Source link
[ad_1] The decline in demand and rise in uncooked materials costs because of excessive transportation prices are the foremost issues confronted by micro, small and medium enterprises within the final 27 months, in keeping with a survey. The report by Bhartiya Yuva Shakti Belief (BYST) additionally mentioned that although markets have stabilised, about 57 per cent of the items that participated within the survey are struggling to get new orders for his or her merchandise. “Lesser buying energy of shoppers result in decreased demand and elevated uncooked materials price because of greater transportation price with improve in gasoline costs have…
[ad_1] IPL Most Costly Gamers 2023 Listing, IPL Public sale: England all-rounder Sam Curran turns into the costliest participant within the historical past of IPL auctions. Punjab Kings purchased him for Rs 18.25 crore. It’s to be famous that Curran was named participant of the match for his 3-12 in England’s T20 World Cup victory over Pakistan. Curran was additionally the participant of the event. The all-rounder did properly for Chennai Tremendous Kings (CSK) within the earlier seasons of IPL. An intense bidding adopted for Curran with Mumbai Indians, Royal Challengers Bangalore, Rajasthan Royals, Chennai Tremendous Kings, Lucknow Tremendous Giants and…
[ad_1] Because the Indian agriculture sector adopts new-age applied sciences and telematics to enhance crop yield, agritech startup Carnot Applied sciences is empowering farmers to take knowledge pushed choices and earn as much as 30 per cent extra. Working in a number of states, Carnot, which is backed by Mahindra Group, will get farm space near 1.5 million acres each season on its platform, which is just rising. In line with Pushkar Limaye, Co-Founder and CTO at Carnot, they’re on a mission to assist enhance farmers’ productiveness utilizing IP-backed applied sciences. Carnot supplies services associated to internet-connected units, for monitoring…
[ad_1] The Maharashtra well being division on Wednesday requested all of the district administrations and municipal firms to extend COVID-19 checks. Whereas the fatality fee and hospitalisation are taking place in Maharashtra, COVID-19 instances are witnessing a surge in some international locations, an official launch mentioned. In view of this, it mentioned, well being minister Tanaji Sawant directed all of the districts to observe a five-point program — check, observe, deal with, vaccinate and (guarantee) COVID-19 applicable behaviour. Sawant on Wednesday held a gathering with well being division officers of all of the districts and municipal firms. It was additionally…