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GST REVENUE DIP
Auto sector posts strong April numbers with Maruti leading the charge, but FY27 challenges loomIndia's auto sector saw robust year-on-year growth in April, defying sequential dips attributed to high March bases and supply issues. Maru...
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...
Stocks in news: Wipro, HUL, Angel One, Alembic Pharma, HDFC LifeMarkets ended flat on Thursday after a volatile session, with analysts maintaining a positive outlook and recommending a buy-on-dips strate...
GST collections rise 4.6% to Rs 1.96 lakh crore in October despite tax cutsGoods and Services Tax collections saw a 4.6% increase in October, reaching Rs 1.96 lakh crore. This growth indicates robust economic activ...
GST revenue in FY26 to exceed budget estimates, says SBI ResearchSBI Research projects that Goods and Services Tax (GST) revenue for FY26 will exceed budgeted collections, even after tax rationalisation m...
States to gain from GST rate rationalisation: ReportAn SBI Research report projects states to be 'net gainers' from the proposed GST rate rationalization, with revenue exceeding ₹14.10 lakh c...
GST revenue dip should not hit schemes: CongressThe Congress has expressed concerns over the dip in GST net revenue collection as per recent data, warning the government against potential...
GST collections up 10% YoY at ₹1.64 lakh crore in DecGST collection: Experts said the double-digit growth in collections reflected the underlying economic momentum and the monthly moderation w...
GST collections for July record Rs 1.16 lakh croreThe collections crossed the Rs 1 lakh-crore mark again after dipping from the level in June due to lockdowns or restrictions imposed by sta...
Govt's revenue collection shows improvement as GST for July stands at Rs 1,16,393 croreThe revenue for July is 33% higher than the same period last year when most of the economic activity came under the impact of the Covid's f...
Govt collects Rs 1,04,963 crore GST in November, crosses Rs 1 lakh crore mark second time since AprilCollections crossed the Rs 1 lakh crore mark for the second time since April, after last month's Rs 1.05 lakh crore.
Select states not in favour of GST rate cut for auto, fear revenue lossStates claimed that GST is not behind the slump in the auto sector.
GST collection dips below Rs one lakh crore in JuneGross GST collection stood at Rs 1,00,289 crore in May and Rs 1,13,865 crore in April.
Slow upward movement in average GST collection puts govt in wait modeThe slight dip in the December numbers over the previous two months can play on government's mind to move critical items like cement and au...
GST Council meet today: Inclusion of real estate, cut in tax rates may bring cheer before BudgetAs Budget can no more tinker with indirect taxes due to implementation of GST, the Council is expected to announce tax concessions and redu...