National
GST collections fall to Rs 80,808 cr in November (Lead)
New Delhi, Dec 26 (IANS) Falling for the second consecutive month, the total revenue collected under the Goods and Services Tax (GST) touched Rs 80,808 crore in November — down from Rs 83,346 crore in October, possibly due to rate cuts in November.
GST collection in September was over Rs 92,000 crore.
“The total collection under GST for the month of December, 2017 has been Rs 80,808 crore till December 25,” the Finance Ministry said in a statement. The December collection actually relates to taxes paid for the month of November.
While the downward trend in GST collection started from October, the November figure may have been impacted by the major revamp of the GST tax structure brought in during the November 10 Guwahati meeting. In that meeting, the GST Council decided to slash tax slabs of 178 items from 28 per cent to 18 per cent while also reducing tax on several items in other slabs from mid-November ahead of the Gujarat elections.
The GST collection for the month of July was over Rs 95,000 crore while for August, it was more than Rs 91,000 crore. September’s indirect tax collection stood at over Rs 92,150 crore.
However, there was a sharp fall of around 10 per cent in the October collection when the total collections declined to Rs 83,346 cr. The government had then said that since implementation of some of the main features of GST such as matching of returns, e-way bill as well as reverse charge mechanism had been postponed, the tax compliance may not be up to the mark.
A meeting of the GST Council was then called on December 16 via tele-conference during which the nod for an early implementation of e-Way Bill was given for inter-state movement of items from February 1 and uniform mandatory compliance from June 1 next year.
The Finance Ministry statement said that of the Rs 80,808 crore, Rs 13,089 crore have been collected as Central GST (CGST), Rs 18,650 crore as State GST (SGST), Rs 41,270 crore as Integrated GST (IGST) and Rs 7,798 crore as compensation cess.
“Further, Rs 10,348 crore is being transferred from IGST to CGST account and Rs 14,488 crore from IGST to SGST account by way of settlement of funds on account of cross utilization of IGST credit for payment of CGST and SGST, respectively, or due to inter-state B2C transactions,” it added.
–IANS
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National
Foodman Vishal Singh Honored for Hunger Free World Mission in Bangkok
Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.