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APRIL GST STATISTICS
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
India's consumption stands its ground amid Gulf War tremorsWest Asia War: India's economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger c...
Indian car companies begin FY27 on a strong note despite geopolitical uncertaintiesIndian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market le...
MoSPI to launch new surveys, boost high-frequency economic indicators: Saurabh GargIndia's statistics ministry is set to launch a new Index of Services Production. Plans include state-level data revisions and harmonisation...
Aug capex dips for key CPSEs, 4 govt entitiesCapital spending by major central public sector enterprises in India experienced a slight dip in August, marking the second consecutive mon...
Gujarat records 13 pc jump in GST collection in April 2025Gujarat's GST collection surged by 13% in April 2025, reaching ₹14,970 crore, surpassing the national average growth. The state secured the...
GST evasion of Rs 14,302 crore detected in April-May; 28 persons arrestedAs many as 2,784 cases of GST evasion involving Rs 14,302 crore were detected in the first two months of the current fiscal, while Rs 5,716...
Top 25,000 GST payers of October yet to file returns in November, tax officers to send reminders"Tax officers have been directed to follow up personally with these defaulting taxpayers so that their GSTR-3B returns due for the month ge...
View: With lockdown, a shrinking GDP was no surprise. A V-shaped recovery is as obviousValues for India are 100 on March 25 and April 1, 96.3 on May 1, 75.46 on June 1and 79.63 on August 15. So, in the initial period, India’s ...
Textile exports up 6.3% post-GSTBesides, Bangladesh and Vietnam have the benefit of scale in apparel manufacturing and a large and productive labour force. In a separate r...
GoM on revenue shortfall to study GST collection on services by statesThe panel has been formed by the GST Council to look into revenue shortfall being faced by the states post implementation of the Goods and ...
Sushil Modi to head GoM on GST revenue shortfall faced by statesAmong the union territories, Puducherry is facing maximum shortfall of 43 per cent.
India Ratings ups India’s FY19 GDP growth to 7.4%, cautions on bank NPAsTightening global financial markets in combination with the NPA-laden domestic banking sector could affect international capital inflows, i...
World Bank projects India's FY19 GDP growth at 7.3 per centThe World Bank's biannual publication, India Development Update: India's Growth Story, expects the economy to clock a growth rate of 6.7 pe...
Dovish now, RBI may cut rate in August if monsoon is good: BofAMLBank of America Merrill Lynch expects May CPI inflation at about 2.5 per cent, with daily data showing food prices continuing to fall even ...
Retail inflation hits a low of 2.99 per cent in AprilThe consumer price index (CPI) based retail inflation for March 2017 was revised slightly upwards to 3.89 per cent, from 3.81 per cent reco...
MPC members’ concerns with inflation are exaggerated: Badrish Kulhalli, HDFC LifeIt would be a hypothetical point whether India would grown faster but for demonetisation.
RBI Governor Urjit Patel cuts interest rates, bats for growth in first monetary policyThe RBI lowered its repo rate by 25 basis to 6.25% and maintained that it would continue with its accommodative monetary stance.
Budget 2012: CII asks for continuation of 10% excise duty rateCII has pointed out that presently, in addition to 10% excise duty, there is state VAT of 12.5% to 14.5%.
- GST discussions in April & rollback dates only after study, FM tells House
The empowered committee of state finance ministers has said it is not feasible to implement the proposed goods and services tax (GST) regim...