Month: April 2019

GST collections at ₹1.06 lakh cr. in March, clock the highest-ever

GST collections at ₹1.06 lakh cr. in March, clock the highest-ever

Business
Updates from :  the Hindu : Centre says revenue growth picking up despite rate rationalisation measures Goods and Services Tax collections in March 2019 hit ₹1.06 lakh crore, the highest in the history of the tax in India, and the fourth time monthly collections have crossed ₹1 lakh crore this year, according to an official data release on Monday. Average collections in the year stand at ₹98,114 crore, up 9.2% from the average in 2017-18. GST collections had previously crossed the ₹1 lakh crore mark in April, October, and January this fiscal. “Total gross GST revenue collected in March 2019 is ₹1,06,577 crore, of which CGST is ₹20,353 crore, SGST is ₹27,520 crore, IGST is ₹50,418 crore (including ₹23,521 crore collected on imports) and cess is ₹8,286 crore,” the government sa
This summer will be warmer than normal, says IMD

This summer will be warmer than normal, says IMD

Environment
Updates from :  the Hindu : The ‘normal’ temperatures refer to the mean temperatures during those months between 1981 and 2010. Voters heading out to polling booths in the coming elections will have to brace for hotter weather. The India Meteorological Department (IMD) has said that the average maximum temperatures from April to June are likely to be warmer by half a degree in several places in Central India and northwest India. An IMD statement said: “The season averaged maximum temperatures are likely to be warmer than normal by ≥0.5 °C to <1 °C over Haryana, Chandigarh and Delhi, west and east Uttar Pradesh, west and east Rajasthan, west and east Madhya Pradesh, Chhattisgarh, Jharkhand, Odisha, Gujarat, Madhya Maharashtra, Vidharbha, Marathawada, Coastal Karnataka, Nort
Why manifestos of TDP and YSRCP are a ‘secret’

Why manifestos of TDP and YSRCP are a ‘secret’

State
Updates from :  the Hindu : Fearing a copycat response, each is waiting for the other to go first Typically, political parties scramble to complete their manifestos on time so they can use them to woo voters. But it would appear that nothing is typical about the Telugu Desam Party (TDP) and the YSR Congress Party (YSRCP), both of whom are holding to their manifestos for dear life even as the elections are barely 10 days away. Both the TDP and the YSRCP have their manifestos ready, but each is waiting for the other to release their document first. This ‘wait-and-respond’ approach seems to have been prompted by the fear that their rival might ‘copy’ their ideas. Even before the election schedule was announced, the TDP government had hiked pensions to ₹2,000. The YSR Congress
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