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Ram temple construction work likely to generate Rs 400 cr GST: Official

Business Standard LogoBusiness Standard8h ago

Ram temple construction work likely to generate Rs 400 cr GST: Official - Business Standard

Quick Summary:

Shri Ram Janmabhoomi Teerth Kshetra Trust general secretary Champat Rai has said the ongoing construction work connected to the Ram temple in Ayodhya is estimated to generate Goods and Services Tax (GST) of nearly Rs 400 crore.

However, the actual tax collection figure will be known only after the completion of the construction work, Rai said at a public felicitation function in Madhya Pradesh's Indore on Monday.

"My estimate is that the government will get around Rs 400 crore as GST from the Ram temple construction work.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 09:28:39 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 342 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22442149

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 314 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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