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Haryana tops states in per capita revenue collection under GST: minister
Chandigarh, July 11 (IANS) Haryana has topped the states in per capita revenue collection under GST and has become fourth highest generator of e-way bills in the country, said Haryana Finance Minister Abhimanyu on Wednesday. The state, he said, has also widened the tax base by 82.22 per cent, logging 19 per cent hike in revenue collections.
“The compliance percentage in the state is 5-7 per cent higher than the national average. The revenue collection under commercial taxes has registered a double-digit growth,” the minister said.
Spelling out the achievements made by the state post-GST, he said one of the most important achievements was widening the tax base by 82.22 per cent.
“While the number of tax assessees under VAT, Central Excise and Service Tax in Haryana was 2.25 lakh before the introduction of GST, the number of dealers today is about 4.10 lakh. This is in spite of the fact that the threshold limit for mandatory registration of tax assesses has been raised from Rs 5 lakh in Haryana to Rs 20 lakh under GST,” he pointed out.
Abhimanyu said GST collected during 2017-18 (for nine months) averaged Rs 1,505.93 crore which increased to Rs 1,804.96 crore during the first three months of 2018-19, implying year-on-year growth of 19.85 per cent.
He said the introduction of ‘One Nation One Tax’ GST in Haryana has been very smooth. The state occupying only 1.4 per cent of the geographical area of the country has collected the fifth highest gross GST in the country, he said.
“Haryana’s per capita revenue collection under GST is the highest in the country at Rs.1876,” he pointed out.
He said that around 1.12 crore e-way bills were generated in Haryana between April 1, 2018 and June 30, 2018, catapulting the state to the status of 4th highest generator of e-way bills in the country.
“The figures of revenue collection under the GST, CST, SGST, including other taxes subsumed later under the GST, are Rs 21,546.98 crore in 2015-16, Rs. 24,301.61 crore in 2016-17 and Rs 29,941.43 crore in 2017-18,” he said.
“GST being consumption-based tax, the state suffered a loss of about Rs 5,000 crore on this account. Many of the consumer goods were taxable at the rate of 13.125 per cent under VAT. Most of these items have been placed in the tax slab of 18 per cent wherein the state’s share is nine per cent. Therefore, it accounts for some loss of revenue to the state,” he admitted.
–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.