Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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                            <div align="justify">-Livemint.com<br /><br /><em>GST rate cut and lenient implementation of the tax reform has caused GST collection in December to slip to Rs80,808 crore, down 14% from August and 3% from November<br /><br />New Delhi: </em>Things don&rsquo;t augur well for the exchequer, with recent GST rate cuts and a lenient implementation of the goods and services tax causing collections to slide further in December, posing a challenge to the government.<br /><br />Total GST collection of the central and state governments, including taxes on inter-state supplies and the cess on certain items, added up to Rs80,808 crore in December.<br /><br />This is a 14% drop from the collections in August, the first month of tax collection and return filing under the new indirect tax system that kicked in on 1 July.<br /><br />Compared with the receipts in November, December&rsquo;s GST collection was marginally lower by 3%.<br /><br />Lower-than-expected GST collections, along with the extra spending that Parliament approved earlier this month involving a net cash outgo of Rs33,380 crore, are set to put pressure on the government in its efforts to limit this year&rsquo;s fiscal deficit to 3.2% of gross domestic product (GST), a target set in February.<br /><br />In the April-October period, the fiscal deficit scaled 96.1% of the Rs5.4 trillion targeted for the full year, according to data from the Controller General of Accounts.<br /><br />The government has so far managed to raise about three-fourths of the targeted Rs72,000 crore through disinvestment, according to information available from the finance ministry.<br /><br />Net direct tax receipts, however, grew 14.4% to Rs4.8 trillion in the April-November period from a year ago. Faster economic growth in the latter half of the current fiscal year could give fresh impetus to revenue collection.<br /><br />Experts attributed the decline in GST revenue to several one-off transition issues, which should fade in the coming months.<br /><br />For example, many of the steps taken by the federal indirect tax body, the GST Council, to address liquidity problems faced by businesses, including liberal tax refund rules, took effect in October. By February, when tax collections for the transactions in January will be available, most of the transition issues would have faded and revenue receipts will stabilize, explained Pratik Jain, leader, indirect tax, PwC India.<br /><br />Please <a href="http://www.livemint.com/Politics/TJA6tQOCW27J087gAL3ViJ/GST-collections-decline-to-Rs80808-crore-in-November.html" title="http://www.livemint.com/Politics/TJA6tQOCW27J087gAL3ViJ/GST-collections-decline-to-Rs80808-crore-in-November.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Livemint.com<br /><br /><em>GST rate cut and lenient implementation of the tax reform has caused GST collection in December to slip to Rs80,808 crore, down 14% from August and 3% from November<br /><br />New Delhi: </em>Things don&rsquo;t augur well for the exchequer, with recent GST rate cuts and a lenient implementation of the goods and services tax causing collections to slide further in December, posing a challenge to the government.<br /><br />Total GST collection of the central and state governments, including taxes on inter-state supplies and the cess on certain items, added up to Rs80,808 crore in December.<br /><br />This is a 14% drop from the collections in August, the first month of tax collection and return filing under the new indirect tax system that kicked in on 1 July.<br /><br />Compared with the receipts in November, December&rsquo;s GST collection was marginally lower by 3%.<br /><br />Lower-than-expected GST collections, along with the extra spending that Parliament approved earlier this month involving a net cash outgo of Rs33,380 crore, are set to put pressure on the government in its efforts to limit this year&rsquo;s fiscal deficit to 3.2% of gross domestic product (GST), a target set in February.<br /><br />In the April-October period, the fiscal deficit scaled 96.1% of the Rs5.4 trillion targeted for the full year, according to data from the Controller General of Accounts.<br /><br />The government has so far managed to raise about three-fourths of the targeted Rs72,000 crore through disinvestment, according to information available from the finance ministry.<br /><br />Net direct tax receipts, however, grew 14.4% to Rs4.8 trillion in the April-November period from a year ago. Faster economic growth in the latter half of the current fiscal year could give fresh impetus to revenue collection.<br /><br />Experts attributed the decline in GST revenue to several one-off transition issues, which should fade in the coming months.<br /><br />For example, many of the steps taken by the federal indirect tax body, the GST Council, to address liquidity problems faced by businesses, including liberal tax refund rules, took effect in October. By February, when tax collections for the transactions in January will be available, most of the transition issues would have faded and revenue receipts will stabilize, explained Pratik Jain, leader, indirect tax, PwC India.<br /><br />Please <a href="http://www.livemint.com/Politics/TJA6tQOCW27J087gAL3ViJ/GST-collections-decline-to-Rs80808-crore-in-November.html" title="http://www.livemint.com/Politics/TJA6tQOCW27J087gAL3ViJ/GST-collections-decline-to-Rs80808-crore-in-November.html">click here</a> to read more. <br /></div>                                                           
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GST rate cut and lenient implementation of the tax reform has caused GST collection in December to slip to Rs80,808 crore, down 14% from August and 3% from November

New Delhi: Things don&rsquo;t augur well for the exchequer, with recent GST..." />
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    <h1 class="cat-box-title">Sliding GST collections may put pressure on government -Gireesh Chandra Prasad</h1>
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                            <div align="justify">-Livemint.com<br /><br /><em>GST rate cut and lenient implementation of the tax reform has caused GST collection in December to slip to Rs80,808 crore, down 14% from August and 3% from November<br /><br />New Delhi: </em>Things don&rsquo;t augur well for the exchequer, with recent GST rate cuts and a lenient implementation of the goods and services tax causing collections to slide further in December, posing a challenge to the government.<br /><br />Total GST collection of the central and state governments, including taxes on inter-state supplies and the cess on certain items, added up to Rs80,808 crore in December.<br /><br />This is a 14% drop from the collections in August, the first month of tax collection and return filing under the new indirect tax system that kicked in on 1 July.<br /><br />Compared with the receipts in November, December&rsquo;s GST collection was marginally lower by 3%.<br /><br />Lower-than-expected GST collections, along with the extra spending that Parliament approved earlier this month involving a net cash outgo of Rs33,380 crore, are set to put pressure on the government in its efforts to limit this year&rsquo;s fiscal deficit to 3.2% of gross domestic product (GST), a target set in February.<br /><br />In the April-October period, the fiscal deficit scaled 96.1% of the Rs5.4 trillion targeted for the full year, according to data from the Controller General of Accounts.<br /><br />The government has so far managed to raise about three-fourths of the targeted Rs72,000 crore through disinvestment, according to information available from the finance ministry.<br /><br />Net direct tax receipts, however, grew 14.4% to Rs4.8 trillion in the April-November period from a year ago. Faster economic growth in the latter half of the current fiscal year could give fresh impetus to revenue collection.<br /><br />Experts attributed the decline in GST revenue to several one-off transition issues, which should fade in the coming months.<br /><br />For example, many of the steps taken by the federal indirect tax body, the GST Council, to address liquidity problems faced by businesses, including liberal tax refund rules, took effect in October. By February, when tax collections for the transactions in January will be available, most of the transition issues would have faded and revenue receipts will stabilize, explained Pratik Jain, leader, indirect tax, PwC India.<br /><br />Please <a href="http://www.livemint.com/Politics/TJA6tQOCW27J087gAL3ViJ/GST-collections-decline-to-Rs80808-crore-in-November.html" title="http://www.livemint.com/Politics/TJA6tQOCW27J087gAL3ViJ/GST-collections-decline-to-Rs80808-crore-in-November.html">click here</a> to read more. <br /></div>                                                           
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Sliding GST collections may put pressure on government -Gireesh Chandra Prasad

Published on Dec 27, 2017   Modified on Dec 27, 2017

-Livemint.com GST rate cut and lenient implementation of the tax reform has caused GST collection in December to slip to Rs80,808 crore, down 14% from August and 3% from November New Delhi: Things don’t augur well for the exchequer, with recent GST rate cuts and a lenient implementation of the goods and services tax causing collections to slide further in December, posing a challenge to the government. Total GST collection of the central and state governments, including taxes on inter-state supplies and the cess on certain items, added up to Rs80,808 crore in December. This is a 14% drop from the collections in August, the first month of tax collection and return filing under the new indirect tax system that kicked in on 1 July. Compared with the receipts in November, December’s GST collection was marginally lower by 3%. Lower-than-expected GST collections, along with the extra spending that Parliament approved earlier this month involving a net cash outgo of Rs33,380 crore, are set to put pressure on the government in its efforts to limit this year’s fiscal deficit to 3.2% of gross domestic product (GST), a target set in February. In the April-October period, the fiscal deficit scaled 96.1% of the Rs5.4 trillion targeted for the full year, according to data from the Controller General of Accounts. The government has so far managed to raise about three-fourths of the targeted Rs72,000 crore through disinvestment, according to information available from the finance ministry. Net direct tax receipts, however, grew 14.4% to Rs4.8 trillion in the April-November period from a year ago. Faster economic growth in the latter half of the current fiscal year could give fresh impetus to revenue collection. Experts attributed the decline in GST revenue to several one-off transition issues, which should fade in the coming months. For example, many of the steps taken by the federal indirect tax body, the GST Council, to address liquidity problems faced by businesses, including liberal tax refund rules, took effect in October. By February, when tax collections for the transactions in January will be available, most of the transition issues would have faded and revenue receipts will stabilize, explained Pratik Jain, leader, indirect tax, PwC India. Please click here to read more.

Livemint.com, 27 December, 2017, http://www.livemint.com/Politics/TJA6tQOCW27J087gAL3ViJ/GST-collections-decline-to-Rs80808-crore-in-November.html

Tagged with: tax collection Tax Revenue Goods and Services Tax Goods and Services Tax (GST)

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