At Rs 90,917 cr, GST collections fall for third consecutive month in June

Jannie Delucca

The goods and expert services tax (GST) collections stood at Rs 90,917 crore in June, contracting for the 3rd month in a row calendar year-on-calendar year.

Nevertheless, the charge of decrease has arrive down noticeably to just nine.02 for each cent from 38.seventeen for each cent in May possibly and 71.63 for each cent in April as returns for previously months have been also submitted in June due to a relaxed timeline presented by the governing administration amid the outbreak of Covid-19.

The very first quarter GST collections have been down by just about 70 for each cent due to sharp fall in the mop up in April and May possibly.

ALSO Read: The earlier a few a long time of GST and the road in advance

The governing administration could collect just Rs 62,009 crore in May possibly and Rs 32,294 in April. But the collections have been climbing

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Gold price today: Rs 46,929 per 10 gm; silver at Rs 48,435 per kg

Jannie Delucca

Gold rate currently fell from Rs 46,995 to Rs 46,929 per ten gram, though silver rate was at Rs 48,435 per kilogram, in accordance to the India Bullion and Jewellers Association (IBJA).

The domestic gold futures rose by .34 per cent to Rs 46,565 per ten gram on Friday, as the country remained in the fourth section of an prolonged lockdown to suppress the unfold of coronavirus outbreak.

The gold jewellery costs differ across India — the next greatest shopper of the metal — due to excise responsibility, point out taxes and building costs.

In accordance to the web page, the rate for 24-carat gold in New Delhi is Rs 47,three hundred per ten gram. Gold price in Chennai is Rs 48,790 and Mumbai Rs 46,950.

The rate of 22-carat gold is about Rs 45,five hundred in New Delhi per ten gram though in Chennai, the rate is

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