Sunday, July 6, 2025
21.8 C
Srinagar

J&K registers 28% growth in GST collection in December 2022

Srinagar, Jan 2: The Union Territory of Jammu and Kashmir has registered a substantial growth in collection of Goods and Services Tax (GST) in the month of December, 2022.

As per the state/UT wise data being reflected in a statement issued by the Finance Ministry, J&K has registered an increase of 24 per cent in its GST collection for the month of December, 2022 which is 13 per cent more than the national average.

Additional Commissioner, State Taxes Kashmir, Shakeel Maqbool, while speaking in this backdrop, said that this spurt in GST collection has been recorded due to better tax compliance and reporting coupled with economic recovery. He added that this increase is one of the highest ever monthly growth rates in J&K since the inception of GST.

Hot this week

Seven Injured in Fresh Dog Bite Attack in Bijbehara, Including Two CRPF Personnel

Anantnag, Jul 5,:  At least seven people, including two...

Fish farm sabotaged, Rs 10 lakh loss devastates J-K’s Tangmarg family

Tangmarg, July 5: In a tragic incident in Hariwatnoo...

LG Manoj Sinha Issues Directives On Pilgrims’ Safety

Srinagar, 05th July,: There was a minor accident at...

PMO Advisor Tarun Kapoor to Review Developmental Works in Srinagar on Sunday

Srinagar, Jul 5,: Advisor in the Prime Minister’s Office...

Decision on Summer Vacation Extension Likely on Sunday: Education Minister Sakina Itoo

Srinagar, Jul 5,: Jammu and Kashmir’s Education Minister, Sakina...

Topics

Seven Injured in Fresh Dog Bite Attack in Bijbehara, Including Two CRPF Personnel

Anantnag, Jul 5,:  At least seven people, including two...

Fish farm sabotaged, Rs 10 lakh loss devastates J-K’s Tangmarg family

Tangmarg, July 5: In a tragic incident in Hariwatnoo...

LG Manoj Sinha Issues Directives On Pilgrims’ Safety

Srinagar, 05th July,: There was a minor accident at...

PMO Advisor Tarun Kapoor to Review Developmental Works in Srinagar on Sunday

Srinagar, Jul 5,: Advisor in the Prime Minister’s Office...

Decision on Summer Vacation Extension Likely on Sunday: Education Minister Sakina Itoo

Srinagar, Jul 5,: Jammu and Kashmir’s Education Minister, Sakina...

Police attach property worth Rs 1.5 Crore in Srinagar in terror-linked case

Srinagar, July 05; Srinagar Police has attached a residential...

HC Rejects Plea to Quash FIR in ARTO Anantnag Fake License Scam

Srinagar, July 5: The High Court of Jammu and...
spot_img

Related Articles

Popular Categories

spot_imgspot_img