GST collection for Oct at over Rs 1.30 lakh cr

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GST collection for Oct at over Rs 1.30 lakh cr

The GST collection of the government maintained its momentum this fiscal year despite Covid disruption as a pickup in economic recovery is shoring up corporate earnings.

The gross GST revenue collected in the month of October 2021 stood at Rs 1,30,127 crore, which is a growth of 24 per cent over the GST revenues in the same month last year and 36 per cent over 2019-20.

The revenue for October is also the second highest ever since introduction of GST, second only to that in April 2021, which is related to year-end revenues.

This is very much in line with the trend in economic recovery. This is also evident from the trend in the e-way bills generated every month since the second wave, a finance ministry statement said.

According to the statement, of the total October GST collection, CGST is Rs 23,861 crore, SGST is Rs 30,421 crore, IGST is Rs 67,361 crore (including Rs 32,998 crore collected on import of goods) and Cess is Rs 8,484 crore (including Rs 699 crore collected on import of goods).

The government has settled Rs 27,310 crore to CGST and Rs 22,394 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of October 2021 is Rs 51,171 crore for CGST and Ts 52,815 crore for the SGST.

During the month, revenues from import of goods was 39 per cent higher and the revenues from domestic transaction (including import of services) are 19 per cent higher than the revenues from these sources during the same month last year.

The revenues would have still been higher if the sales of cars and other products had not been affected on account of disruption in supply of semi-conductors, the finance ministry said.

The revenues have also been aided due to the efforts of the State and Central tax administration resulting in increased compliance over previous months, the ministry added.

In addition to action against individual tax evaders, this has been a result of the multipronged approach followed by the GST Council. On the one hand, various measures have been taken to ease compliance like nil filing through SMS, enabling Quarterly Return Monthly Payment (QRMP) system and auto-population of return. During the past one year, GSTN has augmented the system capacity considerably to improve user experience.

On the other hand, the Council has also taken various steps to discourage non-compliant behaviour, like blocking of e-way bills for non-filing of returns, system-based suspension of registration of taxpayers who have failed to file six returns in a row and blocking of credit for return defaulters.

The number of returns (GSTR-3B) of every month/quarter by the end of next month is a good parameter indicating timely payment of returns and filing of returns. After the last date of filing of returns, special efforts are undertaken to ensure compliance by the end of the month in form of messaging by GSTN and close follow up by the Centre and State tax administration.

This has also been aided by the fact that at various occasions, the Council decided to waive late fee allowing people to file old returns and come up-to-date in filing of returns. With more and more taxpayers filing the returns every month, the percentage of returns of old period filed in any month has been increasing continuously.

About 1.5 crore returns were filed in the month of July 2021 as taxpayers filed returns of past months taking benefit of the relaxation given due to Covid.

With improvement in return filing, the focus of the GST Council has been on timely filing of GSTR-1, the statement containing details of invoices. This statement is critical to ensure discipline in taking input tax credit. Various steps have been taken to ensure timely filing of GSTR-1.

Overall, the impact of these efforts has ensured increased compliance and higher revenues. As a part of overall efforts to plug evasion, more steps to restrict fake ITC are under consideration of the GST Council, the ministry statement said.

‘Bigg Boss Telugu 5’: Only two contestants safe from nominations

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‘Bigg Boss Telugu 5’: Only two contestants safe from nominations

As the ‘Bigg Boss Telugu 5’ contestants have come halfway through the season, the coming weeks are going to be crucial for everybody. Even the strongest of the contestants are tripping over with each one’s flaws obvious and visible to the viewers.

As the upcoming episode is to telecast the upcoming nominations of the house, here are the inside reports on who is to face the nominations in the coming weekend.

As Shanmukh Jaswanth is the current captain, he has immunity from nominations for the entire week. It is reported that all of the other contestants are going into the danger zone, by nominating each other for the upcoming eliminations.

Also, Anne Master, who got a special power in one of the tasks to save herself from the nominations. Actress Priyanka, Anchor Ravi, VJ Sunny, Actor Manas, Singer Sreerama Chandra, Siri, Jessie, Shanmukh Jaswanth, and Viswa are all nominated for the upcoming eliminations.

So going further, all the eliminations would be filled with much pressure for both the contestants and the viewers.

On the other hand, Nagarjuna who is the host of the show, had sent gifts to the housemates who are to celebrate Diwali in the ‘Bigg Boss Telugu 5’ house.

Keerthy Suresh’s ‘Good Luck Sakhi’ release date announced

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Keerthy Suresh’s ‘Good Luck Sakhi’ release date announced

National Award-winning actress Keerthy Suresh, who had given her career-best performance in late actress Savitri’s biopic – ‘Mahanati’ – is set to woo the audience again with her upcoming movie titled ‘Good Luck Sakhi’.

The makers of the movie have come up with an interesting update regarding the release date. ‘Good Luck Sakhi’ will be released on November 26 across the southern states of India. The makers also released a poster featuring the lead actors. Keerthy Suresh appears as a village belle, trying to aim with a gun, while Aadi Pinisetty and Jagapathi Babu are also in the poster released Monday.

Touted as an emotional, woman-centric sports drama, Keerthy Suresh is to be seen as a shooter in the film. Actor Aadhi Pinisetty, who made his mark as an actor in movies like ‘Sarrainodu’, and ‘Rangasthalam’ is to be seen as the male lead in the movie. Senior actor Jagapathi Babu will be seen in a crucial role as Keerthy Suresh’s coach.

Directed by Nagesh Kukunoor, ‘Good Luck Sakhi’ is a multi-lingual film made simultaneously in Telugu, Tamil, and Malayalam.

On the other hand, Keerthy Suresh also stars in Telugu biggie ‘Sarkaru Vaari Paata’, in which she is to share the screen with Mahesh Babu.

Musk will sell Tesla stock if UN can prove it will ‘solve world hunger’

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Musk will sell Tesla stock if UN can prove it will ‘solve world hunger’

Tesla and SpaceX CEO Elon Musk has said he is willing to sell his stock to help solve world hunger if a top United Nations official, who said that just 2 per cent of the entrepreneur’s income could help solve world hunger, can back up the claim.

Speaking to CNN, David Beasley, the director of the UN’s World Food Programme (WFP), called on Musk and Jeff Bezos (the second richest person on the planet) to reconsider where they are putting their money.

“$6 billion to help 42 million people that are literally going to die if we don’t reach them. It’s not complicated,” he had said.

Replying to Beasley, Musk posted late on Sunday that he is ready to help if the WFP can describe on the same Twitter thread how $6 billion will help solve world hunger.

“If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it”, Musk posted.

“But it must be open source accounting, so the public sees precisely how the money is spent,” he added.

The WFP provides assistance to over 115 million people in 84 countries through food or cash distributions in emergencies, nutrition support programmes and other activities.

Musk is currently worth a colossal $300 billion and Beasley claimed that just two percent of his wealth could save more than 40 million people “who are literally going to die”.

The increase in wealth was due to a rise in Tesla shares after the electric car firm inked a huge deal with Hertz for the rental giant to buy 100,000 of its vehicles.

Musk is now worth more than the annual GDP of nations like Egypt, Portugal, the Czech Republic, Greece, Qatar, and Finland.

He’s also worth more than the market value of PayPal, the company he co-founded, as well as streaming giant Netflix.

T20 World Cup: Kiwis played with Kohli’s ego to dismiss him, says Harbhajan

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T20 World Cup: Kiwis played with Kohli’s ego to dismiss him, says Harbhajan

Following India’s humiliating defeat at the hands of New Zealand in their ICC T20 World Cup Super 12 stage clash in Dubai, former spinner Harbhajan Singh analysed Virat Kohlis dismissal in the match, saying the Kiwis “hurt the Indian skipper’s ego” to get him out.

He further added that the shot played by the Indian captain is not his natural game, and he should have avoided it. Virat scored just nine runs off 17 deliveries on Sunday.

“They played with Virat Kohli’s ego. They said that they will not give him the runs, if you come at the start and play the big shot, it’s fine but they will not give the singles. When you hurt a big player’s ego by not giving the singles, they play a shot like Virat Kohli played today,” said Harbhajan Singh while speaking on Star Sports.

“Virat Kohli’s shot is not his natural game. He tried what he doesn’t do. If he had hit the same ball over cover or played after stepping out, I feel that would have been a better option,” he added.

India is now almost out of contention from the qualification race after their back-to-back defeats in the mega sporting spectacle. They will have to win all their remaining three games with a huge margin and in turn, Afghanistan should also defeat New Zealand to keep India’s chances alive for the next round.

Uber commits Rs 100 crore towards driver welfare initiatives

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Uber commits Rs 100 crore towards driver welfare initiatives

Ride hailing app Uber on Monday committed approximately Rs 100 crore towards supporting driver partners and their families to weather the impact of Covid 19.

Over the past few years, Uber has launched several initiatives and forged some high profile partnerships to showcase its commitment to driver partners.

This includes the Uber Care Driver fund — with an initial commitment of Rs 25 crores from Uber, benefitting approximately 1,00,000 driver partners; Covid financial assistance — approximately Rs 2 crores worth of Covid financial assistance programme; vaccination compensation for drivers — an additional Rs 18.5 crore worth of cash incentives to encourage vaccination by compensating them for the time spent in getting the shots. More than 250,000 driver partners on the platform have already received at least one vaccine shot.

Driver partners across moto, auto and car have also benefitted from other initiatives including safety kit distribution, free online doctor consultation and microloans.

“At Uber, we believe our role doesn’t end at creating opportunities by providing a platform to drivers. We have created a community of thousands of driver partners, and we continue to engage with them with a view to provide them with more to enrich their lives. This is reflected in our extensive work in the last 18 months to help driver partners recover from the pandemic and rebuild their lives,” said Prabhjeet Singh, President, Uber India SA, in a statement.

“By investing upwards of Rs 100 crore in these initiatives, we have been successful in supporting and empowering driver partners with improved access to health insurance, financial support, vaccination, and medical consultation,” he added.

Rana Daggubati to be the face of WWE campaign in Tamil, Telugu

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Rana Daggubati to be the face of WWE campaign in Tamil, Telugu

Telugu star Rana Daggubati, who attained national fame after he played the villain in ‘Baahubali’, is the face of an upcoming WWE campaign in Tamil, Telugu, and English.

WWE, or World Wrestling Entertainment, headed by bodybuilder-wrestler-showman-TV mogul Vince McMahon, is the world’s No. 1 purveyor of professional wrestling on television. It has been the nursery of international celebrity wrestlers such as Dwayne ‘The Rock’ Johnson and John Cena.

At a shoot recently at the Railway Sports Complex, Secunderabad, Daggubati posed for the upcoming WWE campaign, which will be aired on Sony Ten 4. The actor, incidentally, was the face of the Sony Ten 4 channels when they were launched. The channel airs sports programmes, including pro wrestling and mixed martial arts (MMA), in Tamil and Telugu.

On the sets of the campaign shoot, Daggubati was spotted donning a WWE championship title and interacting with a group of children. He also posed on a Harley Davidson and performed stunts with ropes. Pictures from the shoot have now gone viral.

Commenting on the campaign, the actor said, “I can say that it will strike a chord with our native viewers.” A representative from Sony Sports added: “WWE is one of the most viewed properties on the sports channels in India and has a strong following in Tamil- and Telugu-speaking markets. Rana’s love of sports and WWE is well-documented in the public domain. So, Rana Daggubati is the ideal choice to front the campaign.”

Daggubati will soon be seen with Sai Pallavi and Priyamani in the upcoming Telugu movie ‘Virata Parvam’, which is centred around the Naxalite movement in Telangana.

Instagram launches new stickers, multi-author story for Diwali

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Instagram launches new stickers, multi-author story for Diwali

For Diwali, Instagram on Monday launched three new stickers to encourage its users to connect with their friends and family.

Whenever the people will post stories using the stickers, these will also be visible to their followers in a Diwali special multi-author story.

“The stickers will be visible from tonight and the multi-author story will be live from tomorrow night,” the company said in a statement.

These stickers are a part of Instagram’s global campaign for Diwali called #ShareYourLight. They have been created in collaboration with a Bengaluru-based illustrator, muralist and pattern designer Neethi.

To use the stickers, a user just needs to capture or upload content to a story and select the sticker tool from the top navigation bar. Now, under the featured section, one will see the three new Diwali themed stickers and then place the same on a story.

Earlier, Instagram announced that all users now have access to its Link Sticker feature in Insta Stories.

Link stickers are now available to all users regardless of verification status or number of followers.

You can access the feature by selecting the sticker tool from the top navigation bar when you capture or upload content to your Story.

After selecting the “Link Sticker”, you can add your chosen link and then tap “Done”. From there, you can place the sticker anywhere on your Story and tap on it to see the other colour variations.

New accounts and accounts that repeatedly share things like hate speech and misinformation, or other content that violates Instagram’s Community Guidelines will not have access to the Link sticker.

‘Jai Bhim’ all set for rollout in five languages

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‘Jai Bhim’ all set for rollout in five languages

Suriya-starrer ‘Jai Bhim’ is about to release in just three days on Prime Video and it has already got fans kicked as there is palpable excitement about the film. Giving another reason to rejoice for fans, the streaming giant has now revealed that the film will be released in five Indian languages.

The film will cater to a broad set of audiences across demographics as it’s set to release in Tamil, Telugu, Hindi, Kannada and Malayalam. Headlined by Suriya, ‘Jai Bhim’ is a thought-provoking story inspired by real-life incidents based on the life of popular advocate and judge – Justice Chandru. It talks about how the judge went beyond the call of duty to serve justice.

Written and directed by Tha. Se. Gnanavel, ‘Jai Bhim’ stars Suriya in the lead along with Prakash Raj, Rao Ramesh, Rajisha Vijayan, Manikandan, and Lijo Mol Jose in pivotal roles. The films boasts of a stellar technical team as DOP S.R. Kadhir, editor Philominraj, and art director Kadhir and music composer Sean Rolden have worked together on the film.

Produced by Suriya and Jyotika under the banner of 2D Entertainment in association with Rajsekar Karpoorasundarapandian, the film is ready to stream on Prime Video from November 2, across 240 countries and territories.

‘Pushpa’ teaser to showcase Allu Arjun’s ‘mass’ image

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‘Pushpa’ teaser to showcase Allu Arjun’s ‘mass’ image

With Telugu ‘Icon Star’ Allu Arjun and Rashmika Mandanna in never-seen-before avatars, upcoming movie ‘Pushpa: The Rise’ has already generated big buzz all over. As the makers are planning to bring in the celebrations of the festival of lights, they are apparently ready to launch a power-packed teaser from the movie.

The makers would unveil a teaser of ‘Pushpa: The Rise’ on November 4, marking Diwali. As the fans wait for the confirmation, the official announcement on the teaser is likely to be made in a day or two. Also, there are reports that the makers have cut the teaser in a way to appeal to the mass audience. There is also talk that the teaser would amplify the buzz around this movie.

It is reported that ‘Pushpa’ is in the final leg of the shoot now, and would soon come into the post-production phase. Later, the makers are eyeing to kickstart the promotions, as the action thriller gears up for its theatrical release on December 17.

‘Pushpa’ is Sukumar’s directorial and portrays the life of a sandalwood smuggler, and his encounter with the forest officers and the police. The complete portion of this movie is to have a rural backdrop and is to feature the ‘mass’ side of Allu Arjun.

Rashmika Mandanna plays the female lead in this movie, while Malayalam actor Fahadh Fassil is to play the bad cop. Bankrolled under Mythri Movie Makers, Devi Sri Prasad has composed the music for this upcoming action drama.

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