Centre Launches GST Reward Scheme In 6 States And Union Territories
The GST lucky draw 'Mera Bill Mera Adhikar' scheme was launched in six states and Union Territories on Friday and the Centre and states have set aside a Rs 30-crore corpus for this fiscal for the reward scheme.
Haryana Deputy Chief Minister Dushyant Chautala said the mobile app for the scheme has been downloaded by over 50,000 people so far.
Revenue Secretary Sanjay Malhotra said the 'Mera Bill Mera Adhikar' GST lucky draw is being launched on a pilot basis in six states and the prize money will be contributed equally by the Centre as well as states.
"GST has benefitted citizens, customers and governments. Revenues are increasing every month and Centre and states have come together to ensure that tax rates comes down under GST," Malhotra said.
As against 15 per cent revenue neutral rate as envisioned before GST launch, the average GST rate today is 12 per cent, he said.
The average GST collection every month this fiscal has been Rs 1.60 lakh crore.
The government on Friday launched the Mera Bill Mera Adhikar scheme on a pilot basis on September 1 in Assam, Gujarat & Haryana and UTs of Puducherry, Dadra Nagar Haveli and Daman & Diu.
Every Month there will be 810 lucky draws. Every quarter there will be 2 bumper lucky draws.
The monthly draws include 800 lucky draws of GST invoices of prize value of Rs 10,000 each and 10 draws with prize of Rs 10 lakh each.
Every quarter the bumper draw would be Rs 1 crore each.
"People should know that GST invoice is their right, it is required for after sales service, and to make people aware we have launched this scheme," Malhotra said.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
-
Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
-
India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
-
When Everyone Has AI, What Gives You An Edge?
India's young workforce is entering an uncertain world of work where powerful AI tools are becoming widely accessible. The advantage will belong to those who combine deep expertise with digital fluency, and the distinctly human capabilities that technology cannot manufacture.