May GST collections beat pandemic blues; remain over Rs 1L cr-mark
By IANS |
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May GST collections beat pandemic blues; remain over Rs 1L cr-mark. Image Source: IANS News
New Delhi, June 5 : India s gross Good and Services Tax (GST) revenue collections remained above the psychological mark of Rs 1 lakh crore, clocking a high of Rs 1,02,709 crore in May 2021, beating all the expectations of lower collections in the wake of the disruptions caused by the second wave of the Covid-19 pandemic.
Though the GST revenues in May 2021 are lower than the record Rs 1.41 lakh crore collections made in the previous month, the highest since the introduction of the tax in 2017, they are still significant as most tax experts had feared that the real impact of the pandemic and the lockdowns in different parts of the country would pull down GST collections significantly in May.
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Elaborating on TCSs commitment to new sustainability goals which would see the tech giant reduce its greenhouse emissions by 70% by 2025 from 2016 levels, Ramachandran said this is a global trend that Tata Group of companies have always been on top of. “Customers are looking at our sustainability development reports.”
Synopsis
Elaborating on TCS’s commitment to new sustainability goals which would see the tech giant reduce its greenhouse emissions by 70% by 2025 from 2016 levels, Ramachandran said this is a global trend that Tata Group of companies have always been on top of. “Customers are looking at our sustainability development reports.”
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