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The industrial districts of Coimbatore and Tiruppur, and the Nilgiris district saw an increase in GST revenue from April to June this year compared to the same period last year.

NEW DELHI: A new scheme is being worked out to encourage employment generation by small and medium enterprises in the country, with special focus on scheduled castes and tribals, the government told Rajya Sabha on Monday.

GST Collection dipped below the Rs one lakh crore mark in June for the first time this fiscal. The total GST mop up stood at Rs 99, 939 crore in June.

NEW DELHI: After breaching the ₹1 trillion mark in goods and services tax (GST) collections for two consecutive months, indirect tax mop-up in June fell marginally to ₹99,936 crore.

Fresh off winning a clear mandate in the national elections in May 2019, Modi 2.0 is set to present the first Union Budget of its second term. It is expected that this budget will be instrumental in setting the tone for administration, and conveying the seriousness of the Government to revamp business, which is reeling under the twin shock of a changing global trade scenario, as well as a slowing domestic economy. 

The Indian rupee opened marginally lower at 68.97  per dollar on Tuesday versus previous close 68.95.

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