Saturday, June 10
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A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

GST collection in Punjab fell by 5% in May

GST collection in Punjab fell by 5% in May

Business, News
Chandigarh | The GST collection of Punjab registered a decrease of 5 percent in the month of May as compared to the month of May last year and the GST collection in May 23 remained only Rs 1744 crore as against Rs 1833 crore received last year. At the same time, in the month of April this year, for the first time, Punjab has received GST of Rs 2316 crore in a month. Only three states of the country have registered a decrease in GST in May, including Manipur by 17 percent and Chhattisgarh by 4 percent, while Punjab is the only state among the big states whose GST collection has fallen.
Punjab: 1.42 lakh withdrawn by changing ATM card in Sangrur

Punjab: 1.42 lakh withdrawn by changing ATM card in Sangrur

Business
Sangrur | By changing the ATM card of the person withdrawing money from the ATM, 2 people got the cash withdrawn and ran away. Jasbir Singh, a resident of Lehra, told the police in his complaint that he had gone to the Shiv Mandir Lehra near the SBI ATM to withdraw money, but the money did not come out even after inserting the card 3-4 times. Meanwhile, 2 persons came to the ATM, who took the ATM card and changed his card to help him withdraw the money. They got Rs 1,42,500 withdrawn from his account. On the complaint of Jasbir Singh, the police registered a case against two persons in Lehra police station. Is. At the same time, the police is engaged in identifying the accused with the help of CCTV footage.
New premium of private insurance companies increased by 35%, LIC decreased

New premium of private insurance companies increased by 35%, LIC decreased

Business
In the case of life insurance, the business of private companies increased rapidly. Their New Business Premium (NBP) increased by 35.12% in March and 20% in the last financial year. But the NBP of the entire life insurance industry declined by 12.6% as the NBP of the largest insurer LIC declined by around 37%. The number of policies sold last month also decreased by 12.2%. The premium growth of HDFC Life, Max Life, ICICI Prudential and SBI Life in the past month was 83.45%, 42.59%, 30.78% and 23.15% respectively. In March 2023, the individual non-single premium of all private companies stood at Rs 13,635.21 crore. This is 57.35% more than in March 2022. According to a report by HSBC Global Research, this jump in demand has been seen due to the withdrawal of tax exemption by the governmen...