Effective implementation of GST is complementary to development: MRPL MD Venkatesh
Mangaluru, July 1: MRPL Managing Director M Venkatesh said that the effective implementation of the Goods and Services Tax (GST) would ensure the revenue growth of the country and it would boost the development.
Inaugurating the first anniversary of GST implementation at the Divisional GST Commissioner’s office here on Sunday, he said that in terms of reformation of the tax system in the country, introduction of the GST was a landmark decision. This has caused various changes. It was an important decision to ensure transparency in tax collection from the bottom level. The revenue of the country would also increase with the effective tax policy, he opined.
‘GST got good response in coastal region’
Mangaluru Divisional GST commissioner Subramanyam said that after the implementation of the GST, the Mangaluru Division of the GST which includes Udupi, Dakshina Kannada and Uttara Kannada districts, has got a good response. In the first year, total 11,295 tax payers had paid GST and in this financial year, 12,943 persons have registered to pay the tax.
In the Mangaluru Commissionerate, total Rs 1,952.10 crore tax was collected during 2016-17 and in 2017-18 financial year, Rs 561.94 crore was collected so far. There was a short-fall in total tax collection this year because of the fluctuation in paying the tax by the MRPL is the major tax payer in the coastal region. But there was an increase in total number of tax payers. As there was provision to get some relaxations even after paying the tax under GST, the GST Commissionerate was planning to refund the excess amount to the tax payers, he said.
In this federal system, total 17 tax systems were merged in the GST and being implemented and it was an important decision taken to reform the tax system. Though one year was passed after introducing the GST, there were some technical problems. Apart from that, it has got good response, Subramanyam said.
As part of the GST anniversary, some officers who have shown exemplary work in one year in Mangaluru Commissionerate level were felicitated on the occasion.
Additional Commissioner Imamuddin Ahmed, Assistant Commissioners Sreyas and Ramakrishnaiah were present.
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Azerbaijan Airlines plane carrying 105 passengers crashes near Kazakhstan's Aktau
Aktau: A passenger plane operated by Azerbaijan Airlines crashed near Aktau in Kazakhstan on Wednesday, Russian news agencies reported, citing Kazakhstan's Emergencies Ministry. The aircraft, which was en route from Baku to Grozny in Russia’s Chechnya, was rerouted due to fog in Grozny.
The crash occurred close to the Aktau airport, and visuals allegedly showing the plane plummeting to the ground and erupting into flames circulated on social media. Other footage showed first responders near the wreckage, reportedly working to retrieve survivors.
Reports suggest that the flight, numbered 8243, was carrying 105 passengers and five crew members. However, Azerbaijan Airlines has not yet issued an official statement regarding the crash.
Azerbaijan Airlines passenger plane flying from Baku to Grozny crashed in Aktau, Kazakhstan. pic.twitter.com/EnicqHcTGM
— Clash Report (@clashreport) December 25, 2024
