[ad_1] The Goods and Services Tax (GST) revenue of ₹1.74 lakh crore in December 2025 confirms just how narrow the government’s fiscal policy space is. The December data reflect the economic activity in November, the second month under the new, reduced GST rates. December’s revenues were marginally higher than the ₹1.7 lakh crore collected in […]
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[ad_1] Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Gross GST collection rose at a slower pace of 0.7% in November at ₹1.70 lakh crore, as domestic revenues declined, according to the government data released on Monday (December 1, 2025). Gross Goods and Services Tax (GST) collection was over ₹1.69 lakh crore […]
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[ad_1] Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Gross GST collection increased 4.6% to about ₹1.96 lakh crore in October driven by festive buying spree despite a cut in GST rates. Goods and Services Tax (GST) rates on 375 items, including kitchen staples to electronics and automobiles, were slashed with effect […]
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[ad_1] Gross Goods and Services Tax mop-up was ₹1.73 lakh crore in September 2024. Last month, the collection was ₹1.86 lakh crore, as per government data released. File. | Photo Credit: Reuters GST collections clocked near double-digit growth to amass ₹1.89 lakh crore in September — a month in which the reduced tax rates came […]
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[ad_1] Image used for representative purpose only. | Photo Credit: PTI India’s Goods and Services Tax (GST) revenues rose to nearly ₹1.5 lakh crore in December 2022, 2.5% over November’s collections and 15% higher than December 2021. Revenues from import of goods were 8% higher while revenues from domestic transaction (including import of services) were […]
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[ad_1] Demonetisation enhanced digitisation and formalization in the economy and reduced tax evasion, said Ashima Goyal Demonetisation enhanced digitisation and formalization in the economy and reduced tax evasion, said Ashima Goyal RBI Monetary Policy Committee (MPC) member Ashima Goyal has attributed the rise in tax collections to demonetisation and said that it will help the […]
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[ad_1] This is the seventh successive month that revenues from the indirect tax have remained above ₹1.4 lakh crore This is the seventh successive month that revenues from the indirect tax have remained above ₹1.4 lakh crore India’s gross Goods and Services Tax (GST) collections hit ₹1,47,686 crore in September, 26% higher than a year […]
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[ad_1] Cess inflows hit record; Inflation, low base from second COVID wave abet 56% year-on-year surge in kitty Cess inflows hit record; Inflation, low base from second COVID wave abet 56% year-on-year surge in kitty India recorded its second highest monthly gross GST revenues in June at ₹144,616 crore, 56% more than a year ago […]
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[ad_1] Collections were 44% higher than May 2021, but 15.9% below April’s record kitty Collections were 44% higher than May 2021, but 15.9% below April’s record kitty India’s gross Goods and Services Tax (GST) revenues in May were 44% higher than a year ago at ₹1,40,885 crore, with receipts from domestic transactions and services imports […]
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[ad_1] Collections were 44% higher than May 2021, but 15.9% below April’s record kitty Collections were 44% higher than May 2021, but 15.9% below April’s record kitty India’s gross Goods and Services Tax (GST) revenues in May were 44% higher than a year ago at ₹1,40,885 crore, with receipts from domestic transactions and services imports […]
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