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GST COLLECTIONS SURGE
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
GST collections rise 3.2% to ₹1.94 lakh crore in May; import-led revenues drive growthIndia's GST collections hit an impressive ₹1.94 lakh crore in May 2026, showcasing a 3.2% rise primarily driven by robust imports of essent...
India's gross GST collections ease to Rs 1.94 lakh crore in May from April record as growth slows to 3.2%India's Goods and Services Tax collections saw a moderation in May 2026, reaching Rs 1.94 lakh crore. This figure represents a 3.2% increas...
RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
India's economy resilient amid external shocks, says SitharamanIndia's economy shows resilience and strong domestic demand. Finance Minister Nirmala Sitharaman highlighted that external factors are caus...
Indians may be roaming closer to home because of a war far awayIndia Tourism Sector and Iran War: Prime Minister Modi's call to curb foreign travel for a year aims to boost domestic tourism, conserve fo...
Bullion industry proposes plan to turn India's idle gold into working capitalIndia's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...
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...
India’s gross GST collections hit record Rs 2.42 lakh crore in April, up 8.7%April saw India's Goods and Services Tax collections soar to an impressive Rs 2.42 lakh crore, showcasing an 8.7% growth from the previous ...
Indian banks pause gold imports as renewed FinMin notification on IGST hangs fire in FY27Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for b...
India EV Boom 2026: Electric cars race ahead – until price, policy and reality hit the brakesIndia’s electric vehicle (EV) market 2026: India's electric vehicle sales are surging, driven by new models and growing acceptance. However...
Imports power growth: February GST collections rise 8.1% to ₹1.84 lakh croreIndia's Goods and Services Tax collection saw a significant rise of 8.1 percent in February, reaching ₹1.84 lakh crore. This growth was fue...
Import surge helped drive up GST mopup in May: NomuraIndia's GST collection surged by 16.4% in May, driven by a significant increase in GST from imports, reaching a three-year high. Nomura ant...
April GST defies headwinds to post record-shattering mop-upIndia's GST collections reached a record ₹2.37 lakh crore in April, a 12.6% year-on-year increase, driven by strong domestic consumption an...
GST collections for March at Rs 1.96 lakh crore, up 9.9%India's goods and services tax collections rose 9.9% to Rs 1.96 lakh crore crore during March. Previously, goods and services tax collectio...
GST collection surges over 10 per cent to Rs 1.82 lakh crore in JulyThe gross GST collection rose by 10.3 percent, reaching Rs 1,82,075 crore in July, per a report by ET Bureau on Thursday. The government's ...
GST collection in May moderates from record high to Rs 1.73 lakh croreIn May, the Centre collected Rs 1.73 lakh crore in GST, a 10% annual increase. This is down from April's record Rs 2.1 lakh crore. The grow...
GST collections surge to ₹1.72 lakh crore in January 2024, marking a 10.4% Y-o-Y growthGST Collections: India's Goods and Services Tax (GST) revenue has witnessed a notable upswing, reaching ₹1.72 lakh crore in January 2024, m...
GST collection surges by 56% YoY to Rs 1,44,616 crore in JuneThe Goods and Services Tax (GST) revenue for the month of June surged by 56% on an annual basis to nearly Rs 1.45 lakh crore as against Rs ...