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GST collections rise 23% to ₹2.31 lakh crore in October
ಸುದ್ದಿಯಲ್ಲಿ ಏಕೆ?
GST hit ₹2.31 lakh crore, up 23%: who chairs the Council and which Article creates it?
October GST mop-up up 23%, second-highest ever.
Why it matters: general awareness
What you need to know
2 ನಿಮಿಷ
Gross GST collections in October rose about 23% to roughly ₹2.31 lakh crore, the second-highest monthly level, on festive demand.
Collections from domestic sales rose about 16% to over ₹1.59 lakh crore, while import revenues climbed 42% to ₹72,246 crore.
The GST Council, chaired by the Union Finance Minister, oversees rates and rules.
ಮೂಲಗಳು: Topper IAS editorial (PIB / The Hindu / Indian Express)
ಮುಖ್ಯ ಅಂಶಗಳು
Remember these
- Gross GST collections in October rose about 23% to roughly ₹2.31 lakh crore, the second-highest monthly level, on festive demand.
- Domestic sales revenue rose about 16% to over ₹1.59 lakh crore.
- Import revenues climbed 42% to ₹72,246 crore.
- The GST Council is chaired by the Union Finance Minister and oversees GST rates and rules.
- Article 279A, inserted by the 101st Constitutional Amendment Act, 2016, provides for the GST Council.
ಪ್ರಿಲಿಮ್ಸ್ · ಮೇನ್ಸ್
How the exam will ask it
ಪ್ರಿಲಿಮ್ಸ್
- The GST Council is a constitutional body under Article 279A, inserted by the 101st Constitutional Amendment Act, 2016.
- The Union Finance Minister is the Chairperson of the GST Council.
- The GST Council makes recommendations on tax rates, exemptions and other GST rules.
- Gross GST collections include revenue from domestic transactions as well as imports of goods and services.
ಮೇನ್ಸ್
GS3 (Indian economy, taxation) and GS2 (federalism). Strong GST mop-up on festive demand reflects consumption and improved compliance, while the GST Council, a cooperative federal body under Article 279A, keeps rates and rules aligned between the Centre and States. Way forward: rate rationalisation, wider coverage and stable compensation and revenue-sharing arrangements to sustain buoyancy.
Quick recall
Answer before you reveal
ಅಕ್ಟೋಬರ್‌ನಲ್ಲಿ ಹಬ್ಬದ ಬೇಡಿಕೆಯಿಂದ ಒಟ್ಟು ಜಿಎಸ್‌ಟಿ ಸಂಗ್ರಹ ಗಣನೀಯವಾಗಿ ಏರಿತು. ಭಾರತದ ಸರಕು ಮತ್ತು ಸೇವಾ ತೆರಿಗೆಗೆ (ಜಿಎಸ್‌ಟಿ) ಸಂಬಂಧಿಸಿದಂತೆ ಈ ಕೆಳಗಿನ ಹೇಳಿಕೆಗಳನ್ನು ಪರಿಗಣಿಸಿ:
- ಜಿಎಸ್‌ಟಿ ಮಂಡಳಿಯ ಅಧ್ಯಕ್ಷರು ಕೇಂದ್ರ ಹಣಕಾಸು ಸಚಿವರು.
- ಜಿಎಸ್‌ಟಿ ಮಂಡಳಿಯು 279ಎ ಅನುಚ್ಛೇದದ ಅಡಿಯಲ್ಲಿ ಬರುವ ಸಾಂವಿಧಾನಿಕ ಸಂಸ್ಥೆ. ಮೇಲಿನ ಯಾವ ಹೇಳಿಕೆ/ಹೇಳಿಕೆಗಳು ಸರಿಯಾಗಿವೆ?
- 1 ಮಾತ್ರ
- 2 ಮಾತ್ರ
- 1 ಮತ್ತು 2 ಎರಡೂ
- 1 ಅಥವಾ 2 ಯಾವುದೂ ಅಲ್ಲ
ಉತ್ತರ ನೋಡಿ
ಉತ್ತರ: C — ಎರಡೂ ಸರಿ: ಕೇಂದ್ರ ಹಣಕಾಸು ಸಚಿವರು ಮಂಡಳಿಯ ಅಧ್ಯಕ್ಷರು ಮತ್ತು 279ಎ ಅನುಚ್ಛೇದ ಅದನ್ನು ಒದಗಿಸುತ್ತದೆ.
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