GST revenues rise 26% amid imports surge

GST revenues rise 26% amid imports surge

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 ago, […]

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GST compensation sunset: Punjab, Goa, Chhattisgarh may face most revenue stress

GST compensation sunset: Punjab, Goa, Chhattisgarh may face most revenue stress

Revenue collections from the GST regime have fallen short of expectations for both the Centre and the States, says a new working paper by the National Institute of Public Finance and Policy Revenue collections from the GST regime have fallen short of expectations for both the Centre and the States, says a new working paper […]

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Explains | What is next on the agenda for the GST regime?  

Explains | What is next on the agenda for the GST regime?  

Why have rates been hiked for some consumer items? When will the issue of compensation to States be decided? Why have rates been hiked for some consumer items? When will the issue of compensation to States be decided? The story so far: The Goods and Services Tax (GST) Council, chaired by Union Finance Minister Nirmala […]

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