Friday, March 29, 2024

KCR: GST awareness programmes to be held all over the state

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KCR: GST awareness programmes to be held all over the state

Telangana Chief Minister KCR said on Monday that the new Goods and Services Tax (GST) would acquire an extra income of Rs 3,000 crore a year to Telangana.

The authorities advised the CM that the Center to impart its expanded incomes to states, by that they evaluated that TS could acquire extra income of Rs 2,000-3,000 crore for every year through GST.

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Mr Rao said authorities to arrange mindfulness gatherings everywhere throughout the state so that everybody comprehended what truly matters to GST.
He needed these gatherings to be hung on July 5,6 and 7 of every 91 hovers under the commercial taxes department. He said that he will meet with commerical charge officers on GST in the second week of July.

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KCR said that the middle has chosen to actualize the GST all through the nation. There are additionally some in addition to focuses in GST.
Traders whose yearly turnover is beneath Rs 20 lakh, require not pay any duty. For those with a turnover of between Rs 20 lakh and Rs 75 lakh, the assessment is just a single per cent.

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