Tag: Central Taxes

Union Finance Ministry
Govt releases two instalments of tax devolution to states amounting to Rs 1,16,665 cr

In a statement, the Union Finance Ministry said that the two installments have been released as against the normal monthly devolution of Rs 58,332.86 crore.

  • Wednesday, 10 August 2022
Odisha Budget
Odisha budget projects 8.5 per cent growth rate

Bhubaneswar: Projecting 8 to 8.5 per cent growth rate in the next fiscal, Odisha’s finance minister Pradip Kumar Amat today presented the budget for 2017-18 with an outlay of Rs 1,06,911 crore, which is about 13.7 per cent more than allocated in the last budget. “We propose an outylay of Rs 1,06,911 crore for 2017-18 […]

  • Monday, 28 June 2021
GST Fraud Involving Rs 294 Crore Fake Invoices Busted In Odisha

Bhubaneswar: The enforcement wing of the Commissionerate of GST and Commercial Tax on Thursday busted a major fraud in which fake invoices to the tune of Rs 294 were generated by 11 dealers in Bhubaneswar to evade GST. Two persons- Pramod Sahu and Vikash Sarogi have been arrested on the charges of generating fake invoices […]

  • Sunday, 18 April 2021
Naveen Patnaik Expresses Concern Over Drastic Reduction In The Share In Central Taxes

Bhubaneswar: Odisha Chief Minister Naveen Patnaik expressed concern over the “drastic reduction” of the share in central taxes and centralization of revenue by introduction of cess on petrol and diesel. He, however, welcomed certain aspects of the union budget 2021-2022. He said the banks have to be made accountable to extend credit to women, farmers […]

  • Monday, 05 April 2021