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Showing posts from August, 2024

Impact of Global Pandemic COVID-19 on Various Sectors of India

  Impact of Global Pandemic COVID-19 on Various Sectors of India As we know that COVID-19 has affected across the world. India is one of the worst affected country in the world of COVID-19. It has affected negatively on Indian economy and its various sectors. Generally, we believe like that COVID-19 has affected negatively to various sectors of Indian economy. What do you think?? what is the impact of COVID-19 on various sectors of India??? Your answer may be a negative impact of COVID-19 on various sectors of India. But this is not right answer of this question.  You are right one. Because of People around us always talk about negative impact of COVID-19 on Indian economy.  But this is not the real pictures of the impact of COVID-19 on various sectors of the economy. I want to take you to different picture of impact of COVID-19 on various sectors of Indian economy. There are two kinds of impact of COVID-19 on sectors of Indian economy: Positive and Negative. You might ha...

GST Collection April 2024

 GST Collection April 2021 to April 2024 Analysis of GST Collection Table of Content: GST Collections Tren Breakdown of April 2024 Collections Total GST Collections GST has emerged as one of the important source of revenue for both state and central government in India. This notes aims to provide in depth information and analyze on GST collection on the bases of date received from the government report. The above presented chart offers a comprehensive view on the GST collection since April 2021. The GST  collection data shows a significant upward growth from April 2021 to 2024. GST collection reached to high if Rs. 2.1 lakh crore in April 2024. This increased was possible because of increase on domestic transaction and imports.  Breakdown of April 2024 Collections: Central Goods and Services Tax (CGST): Rs. 43,846 crore; State Goods and Services Tax (SGST): Rs. 53,538 crore; Integrated Goods and Services Tax (IGST): Rs. 99,623 crore, including Rs. 37,826 crore collected o...