Tag: GST collections
GST collections rise 14% to ₹1.95 lakh crore in June on strong domestic demand
The gross Goods and Services Tax (GST) revenue in June rose nearly 14% year-on-year to about ₹1.95 lakh crore from ₹1.71 lakh crore in the…
In Graphics: How GST cuts triggered a rally for Indian businesses
The rationalisation in the goods and services tax rates last September delivered a larger-than-expected expansion in the tax base, with higher taxable supplies more than…
CAIT seeks further GST simplification, says monthly collections have risen sevenfold since rollout
Bhubaneswar (Odisha) [India]: The Confederation of All India Traders (CAIT) on Sunday called for further simplification of the Goods and Services Tax (GST) regime, arguing…
India’s consumption stands its ground amid Gulf War tremors
New Delhi: India’s consumption economy made a roaring start in the new fiscal year with goods and services tax (GST) collections hitting a record in…
Indirect tax mop-up tops FY26 target, but pan masala cess misses the mark
New Delhi: The government has marginally exceeded its indirect tax collection target for 2025–26, buoyed by steady inflows from customs, excise and GST, even as…
Despite rate reset, GST collection rises on strong consumption
New Delhi: India’s goods and services tax (GST) collections closed on a firm footing in the just-ended fiscal year, with March collections crossing ₹2 lakh…
Imports power growth: February GST collections rise 8.1% to ₹1.84 lakh crore
New Delhi: India’s gross goods and services tax (GST) collection increased 8.1% year-on-year to ₹1.84 lakh crore in February, driven by steady domestic demand and…
India’s GST collections rise 8.1% YoY to Rs 1.83 lakh crore in February
India’s gross Goods and Services Tax (GST) collection rose to Rs 1.83 lakh crore in February 2026, reporting a rise of by 8.1% as compared…
2026 dawns brightly on buoyant sentiment as India’s economy hits high gear
India’s economy entered 2026 on a strong tailwind, with high-frequency data for December showing strong consumer sentiment and robust activity. Car sales ended the year…
GST collection grows 6.1% in December 2025 as rate-cut impact shows| Business News
India’s GST collections is showing a marginal improvement as the impact of GST 2.0 continued to weigh on domestic indirect-tax revenue. India’s net GST revenue,…