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MAHARASHTRA GST REVENUE
UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
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...
Vijay Kedia says long-term capital gains tax should be abolished for nation building. Here’s whyAce investor Vijay Kedia has urged the government to abolish long-term capital gains (LTCG) tax on listed equities, stating that long-term ...
Adityanath calls for trader-friendly tax system, better services for honest taxpayersUttar Pradesh Chief Minister Yogi Adityanath has instructed the state tax department to boost revenue collection. He emphasised providing f...
Delhi cuts VAT on aviation turbine fuel to 7% from 25%The Delhi government has significantly cut the Value Added Tax on Aviation Turbine Fuel. The tax on ATF will now be 7 percent, down from 25...
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 ...
Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
GST states quo won't do: Post-GST revenue divide widens across IndiaNew CAG data reveals states are diverging in fiscal health post-GST. Some states are effectively building revenue capacity, while others ar...
Despite rate reset, GST collection rises on strong consumptionIndia's Goods and Services Tax collections ended the fiscal year strongly. March collections surpassed two lakh crore rupees for the third ...
India's GST collections rise 8.2% to Rs 1.78 lakh crore in MarchIndia's Goods and Services Tax (GST) collection surged to Rs 1.78 lakh crore in March 2026, marking an 8.2% increase from the previous mont...
India's GST collections rise 8.1% YoY to Rs 1.83 lakh crore in FebruaryIndia's Goods and Services Tax collection saw a significant increase. Gross GST revenue for February 2026 reached Rs 1.83 lakh crore, an 8....
GST collections up 10% to ₹ 1.75 lakh crore in AugustIndia's GST collections rose to ₹1.75 lakh crore in August, a 10% increase from last year, with experts anticipating a further spike during...
Uttar Pradesh pips Tamil Nadu in monthly GST revenue collectionsIn April 2024, Uttar Pradesh outpaced Tamil Nadu in GST collections by 19%. Tamil Nadu slipped to fifth place. Total GST collections crosse...
Karnataka edges Gujarat out to take second place in H1 GST collectionsKarnataka’s commercial taxes commissioner C Shikha attributed the southern state’s strong performance to better compliance by dealers as we...
Politicising GST Council decisions an insult to federal body: Sitharaman in RSReplying to a supplementary during the Question Hour by NCP leader Vandana Chavan for asking why non-BJP states have higher GST compensatio...
Ajit Pawar to government: Extend GST compensation to statesDeputy chief minister Ajit Pawar said on Wednesday that the issue of GST compensation and the impact on the state's finances if the GST com...
Mobile companies likely to face stiff technical, accounting challenges post GST rolloutTelcos may be compelled to shell out an additional Rs 300 crore to re-configure existing IT and billing systems.
VAT on petroleum products to continue, to be decided by GST Council: MinisterResponding to concerns raised by members on tax on agriculture, Kesarkar assured that the tax on agriculture income will remain zero per ce...
Centre to compensate Maharashtra government for loss of octroi: Sudhir MungantiwarMungantiwar said he has succeeded in convincing the Council that Maharashtra should get compensation in lieu of octroi collected by the Mum...