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 ...
01 May, 2026, 12.17 PM IST
FPOs hold promise for smallholders, but face structural constraints: StudyFarmer producer organisations (FPOs) are key to integrating smallholders in India, but they are constrained by scale, market access, financ...
28 Apr, 2026, 02.48 PM IST
Six big TDS & TCS changes for Tax Year 2026-27: From TDS on NRI property to TCS on overseas remittance for education, know all that has changedNew tax rules for Tax Year 2026-27 begin April 1, 2026. Key changes affect TDS on NRI property and TCS on overseas remittances for educatio...
07 Apr, 2026, 02.31 PM IST
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 ...
02 Apr, 2026, 12.20 AM IST
November GST mop-up grows slowest in fiscal due to rates revampIndia's Goods and Services Tax collection reached ₹1.70 lakh crore in November. This marks a modest 0.7% rise year-on-year. Officials state...
02 Dec, 2025, 12.50 AM IST
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...
02 Nov, 2025, 09.13 AM IST
GST rates rationalisation may not pose fiscal burden on govt: CrisilCrisil said that the recent GST rate rationalisation is unlikely to burden the government fiscally, despite an estimated short-term loss of...
19 Sep, 2025, 02.01 PM IST
India's GST collection rises 6.5% y-o-y to Rs 1.86 lakh crore in AugustIndia collected Rs 1.86 lakh crore as goods and services tax in August, 6.5% higher than the same period last year, showed government data ...
01 Sep, 2025, 04.50 PM IST
GST rate rationalisation: Is there a second wind coming?The Indian government is contemplating Goods and Services Tax (GST) rate rationalisation, aiming to simplify the existing four-slab structu...
19 Apr, 2025, 10.13 AM IST
6-years of GST: With record high collections, why it is an opportune time for rate rationalisationThe primary ideology behind rate rationalisation has been to simplify the GST rate structure and not to garner additional revenues for the ...
01 Jul, 2023, 01.02 PM IST
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...
02 Jan, 2019, 12.50 PM IST
GST Council to consider rate cut on items with low revenue impact on July 21The items which could be considered for cutting of tax rates might include sanitary napkins, handicrafts and handloom goods, besides certai...
11 Jul, 2018, 04.40 PM IST
GST mopup edges closer to Rs 1 lakh croreData released by the government showed GST collection in June at Rs 95,610 crore, higher than Rs 94,016 crore in May and well above the mon...
02 Jul, 2018, 07.41 AM IST
GST collections to top Rs 13 lakh crore this fiscal: Piyush GoyalHe said with more number of people coming under the tax net, and successful implementation of eway bill system, there will be scope for rat...
01 Jul, 2018, 04.17 PM IST
States not in favour of petrol, diesel inclusion into GST: FMThe five petroleum items have been kept out of GST as they are considered cash cows, giving both the Centre and states bulk of their tax re...
05 Feb, 2018, 09.48 PM IST
Gross tax mop down Rs 41k cr over 2012-13 Budget EstimateThe gross tax collections fell short of the budget estimates of Rs 10.77 lakh crore by Rs 40,893 crore in the last fiscal due to economic s...
10 Sep, 2013, 03.16 PM IST
- Centre negotiating with states on fuel tax on air travel
The central government is negotiating with state governments to rationalise fuel tax on air travel, Union Minister of Civil Aviation Syed S...
15 Mar, 2003, 06.11 PM IST