GST revenues grew 13% in March 2023, to record the second highest monthly collections of ₹1.6 lakh crore | Photo Credit: AFP India’s Goods and Services Tax (GST) revenues grew 13% in March, to record the second highest monthly collections of ₹1.6 lakh crore from the indirect tax, with receipts from goods imports rising 8% […]
Continue ReadingGST revenues grew 13% in March 2023, to record the second highest monthly collections of ₹1.6 lakh crore. | Photo Credit: AFP India’s Goods and Services Tax (GST) revenues grew 13% in March, to record the second highest monthly collections of ₹1.6 lakh crore from the indirect tax, with receipts from goods imports rising 8% […]
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India’s Goods and Services Tax (GST) revenues grew 12.4% in February 2023 to over ₹1.49 lakh crore, with tax receipts from goods imports rising 6% and domestic transactions along with services imports yielding 15% more, compared to a year ago. The ₹1,49,577 crore gross GST kitty collected in February marks the 12th successive month that […]
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India’s gross revenues from the Goods and Services Tax (GST) were ₹1,43,612 crore in August, 28% higher than a year ago. Revenues from import of goods soared 57% during the month, while domestic transactions and import of services yielded 19% higher taxes than in August 2021. This is the sixth successive month when GST revenues […]
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Finance Ministry cites robust car sales, GST collections to emphasise growth momentum will sustain in Q2 Finance Ministry cites robust car sales, GST collections to emphasise growth momentum will sustain in Q2 India’s Goods and Services Tax (GST) collections in August are estimated to be over ₹1.42 lakh crore, 27% higher than the same month […]
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States that have contributed the most are Maharashtra, Karnataka, Gujarat, Tamil Nadu and Uttar Pradesh. States that have contributed the most are Maharashtra, Karnataka, Gujarat, Tamil Nadu and Uttar Pradesh. Karnataka ranked second in the Goods and Service Tax collection in the month of July 2022. The State contributed ₹9,795 crore, a growth of 45% […]
Continue ReadingFinance Ministry terms record collections, aided by year-end adjustments, a sign of ‘faster recovery’ Finance Ministry terms record collections, aided by year-end adjustments, a sign of ‘faster recovery’ India’s gross Goods and Services Tax (GST) revenues hit a fresh high of ₹1,67,540 crore in April, with revenues from goods imports rising 30% year-on-year and domestic […]
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