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GST COLLECTIONS STATISTICS
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
India to release first-ever monthly index tracking services sector output from July 14India is launching a new Index of Services Production (ISP) to track the services sector's growth, mirroring the Index of Industrial Produc...
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...
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...
Gross GST collections double in five years to hit record ₹22.08 lakh crore in FY25India's Goods and Services Tax (GST) collections have doubled in the past five years, reaching a record ₹22.08 lakh crore in FY25, a 9.4% y...
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...
Integrating vast datasets remains a challenge, says MoSPI Secy Saurabh GargMoSPI secretary Saurabh Garg highlighted the challenge of integrating vast datasets for robust statistical conclusions. The ministry has in...
MoSPI Secy bats for digitalisation & data innovationSaurabh Garg, secretary of MoSPI, emphasized the need for digitalisation and e-governance to address rising public expectations and enhance...
Central tax officers book 12,803 GST evasion cases in Gujarat in 4 years, 101 persons arrestedFinance Minister Nirmala Sitharaman revealed that 12,803 GST evasion cases were booked in Gujarat from 2021-2024, with 101 arrests. In a re...
Centre detects Rs 722 cr GST evasion from Binance, recovered Rs 122 cr from other crypto exchangesGST authorities have booked tax evasion cases against 17 cryptocurrency exchanges, amounting to Rs 824.14 crore. This includes Rs 722.43 cr...
Karnataka’s GSDP at 10.2% outperforms national average of 8.2%, says CM, dismisses NSE projectionKarnataka's GSDP growth rate of 10.2% in FY 2023-24 outperformed the national average of 8.2%, amid challenges like drought and global IT s...
Government-appointed committee suggests GDP data revamp for statesThe committee emphasised the need for a dynamic and sector-specific business register. It said the databases of the Ministry of Corporate A...
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.
Statistics ministry seeks GST data to improve national accountsStatistics ministry has asked finmin for GST data on collections & summary of units to compile state-level accounts too.
Missing fiscal target statistical: Arun JaitleyThe FM made it clear that states were not in the mood to bring petroleum products immediately under GST. He added there was no prejudice ag...
Farooq Abdullah calls meeting of oppositionAbdullah is trying to be the centripetal force for the opposition parties, which have otherwise not been able to put any decisive fight aga...
Government proposes annual surveys on employment and labour forceThe plan of NSS (National Sample Survey) conducting regular suvey of employment and labour force is at an advanced stage.