Share on Facebook Share on Twitter Share on Google+ Share on Pinterest Share on Linkedin Punjab gross GST collection stands at Rs 1067.2 1 crore during December 2020, shows the rise of 5.77 percent Harshabab Sidhu Nabaz-e-Punjab, Chandigarh, January 3: The total GST collection for the month of December 2020 is Rs. 1067.21 crores whereas it was Rs 1009.03 crore for the month of December 2019 thereby indicating an increase of 5.77 percent. According to a spokesperson of the Punjab Taxation Commissioner’s Office, the gross GST revenue collection for Punjab for the period April to December 2020 stands at Rs. 7881.5 crore in comparison to Rs. 9851.82 crore for the similar period of last year thereby denoting a fall of 20 percent. Pointing out further, the spokesperson said that the projected revenue for the month of December 2020 is Rs. 2403 crore against which the State has collected and received Rs. 1067 crore that corresponds to approximately 44.4 percent of the projected revenue. Thus, for the month of December 2020 the amount of compensation due is Rs. 1336 crore. Further, the cumulative amount of compensation due for the period April to November 2020 is Rs. 8856 crores. The Spokesperson further said that the National Gross GST revenue collection during the month of December 2020 is Rs. 1,15,174 crore whereas the national gross GST revenue collection during the month of December 2019 stood at Rs. 1,03,184 crore denoting an increase of 12 percent. National gross GST revenue collection for the 3rd quarter i.e. October to December 2020 is Rs. 3,25,292 crore in comparison to Rs. 3,02,055 crore for a similar period last year thereby denoting an increase of 7.7 percent. In addition to GST, the State of Punjab also collects tax revenue from the VAT and CST regime. Major contributors to VAT and CST collection are alcohol for human consumption and five petroleum products which are outside the ambit of GST. For the month of December 2020, the total VAT and CST collection is Rs. 671.12 crores whereas it was Rs. 517.08 crores for the month of December 2019 thereby indicating an increase of 29.79 percent The VAT and CST revenue collection for Punjab for the period April to December 2020 is Rs. 4474.02 crores in comparison to Rs. 4137.59 crore for a similar period last year thereby denoting an increase of 8.13 percent. WITH the GST, VAT, and CST put together, the tax collection during December 2020 (Rs 1738.33 crore) over December 2019 (Rs. 1526.11 crores) is up by Rs. 212.22 crores (+13.90 percent). The GST, VAT and CST collective revenue collection for the 3rd quarter i.e. October-December 2020 is Rs 5168.48 crore in comparison to Rs. 4474.15 crore for a similar period last year thereby denoting an increase of 15.51 percent. The Spokesperson further said that the average growth in GST revenues during the last quarter has been 4.38 percent as compared to -11.06% during the second quarter and -52.65% during the first quarter of the financial year.
ਮੰਤਰੀ ਮੰਡਲ ਨੇ ਲਖੀਮਪੁਰ ਖੀਰੀ ਘਟਨਾ ਵਿਚ ਜਾਨਾਂ ਗੁਆ ਚੁੱਕੇ ਕਿਸਾਨਾਂ ਨੂੰ ਸ਼ਰਧਾਂਜਲੀ ਭੇਟ ਕਰਨ ਲਈ ਦੋ ਮਿੰਟ ਦਾ ਮੌਨ ਰੱਖਿਆ
ਬੀਤੇ ਪੰਜ ਮਹੀਨਿਆਂ ਵਿਚ ਵਾਪਰੀਆਂ ਸਿਆਸੀ ਘਟਨਾਵਾਂ ਨਾਲ ਦੁੱਖ ਪਹੁੰਚਿਆ-ਕੈਪਟਨ ਅਮਰਿੰਦਰ ਸਿੰਘ ਨੇ ਅਸਤੀਫਾ ਦੇਣ ਤੋਂ ਪਹਿਲਾਂ ਸੋਨੀਆ ਗਾਂਧੀ ਨੂੰ ਲਿਖਿਆ ਪੱਤਰ
