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GST collection

GST collection grows 9% to Rs 1.87 lakh crore in October

GST collection grows 9% to Rs 1.87 lakh crore in October

Sat, Nov 02, 2024

Gross GST collection grew 9 per cent to over Rs 1.87 lakh crore in October on higher revenues from domestic transactions.

Ayodhya Ram temple construction work likely to generate Rs 400 crore GST: Champat Rai

Ayodhya Ram temple construction work likely to generate Rs 400 crore GST: Champat Rai

Tue, Sep 10, 2024

The Ram temple in Ayodhya is being constructed with the cooperation of society and arrangements are such that no one will face problems even if two lakh devotees arrive, said Rai, who is also international vice president of the Vishwa Hindu Parishad.

Revenues of top 18 states to grow 8% to 10% this fiscal: CRISIL

Revenues of top 18 states to grow 8% to 10% this fiscal: CRISIL

Wed, Jul 03, 2024

The growth will be primarily driven by robust GST collections and devolution of finances from the Centre, which comprise around 50 per cent of the aggregate state revenues, according to the report.

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GST collection rises 8% to Rs 1.74 lakh crore in June

GST collection rises 8% to Rs 1.74 lakh crore in June

Tue, Jul 02, 2024

The collection in June is higher than the Rs 1.73 lakh crore collected in May 2024.

GST collection rises 10% to Rs 1.73 lakh crore in May

GST collection rises 10% to Rs 1.73 lakh crore in May

Sat, Jun 01, 2024

The country's gross GST collections rose to Rs 1.73 lakh crore in May, growing 10 per cent year on year driven by increased revenues from domestic transactions, the finance ministry said on Saturday.

How Rising GST Collection is Shaping Our Economy | Ajay Bagga Explains

How Rising GST Collection is Shaping Our Economy | Ajay Bagga Explains

Thu, May 02, 2024

What is happening in crude oil? What will be the impact of increasing GST collection on our economy? Know from market expert Ajay Bagga.

GST collections at record Rs 2.10 lakh crore in April; here is all you need to know

GST collections at record Rs 2.10 lakh crore in April; here is all you need to know

Wed, May 01, 2024

GST April 2024 data, Goods and Services Tax data: The government collected a record Rs 2.1 lakh crore in gross goods and services tax (GST) last month, according to official data released on Wednesday.

GST collection breaches Rs 2 lakh cr-milestone; at Rs 2.10 lakh crore in April

GST collection breaches Rs 2 lakh cr-milestone; at Rs 2.10 lakh crore in April

Wed, May 01, 2024

GST collections breach landmark milestone of Rs 2 lakh crore, the finance ministry said in a statement.

India 360: Government's coffers are filling during the festive season, GST collection increased

India 360: Government's coffers are filling during the festive season, GST collection increased

Thu, Nov 02, 2023

Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.

At Rs 32,000 crore, Haryana among top 5 states in GST collections in H1

At Rs 32,000 crore, Haryana among top 5 states in GST collections in H1

Thu, Oct 05, 2023

During this period, the state's Value Added Tax collections were Rs 5,568 crore, while State Goods and Services Tax collections, including Integrated Goods and Services Tax (IGST) settlements and SGST compensation, reached Rs 20,670 crore, reflecting a remarkable growth rate of 27 per cent, the statement said.

Government's GST collection rises 11% to Rs 1.65 lakh crore in July

Government's GST collection rises 11% to Rs 1.65 lakh crore in July

Tue, Aug 01, 2023

Out of Rs 1,65,105 crore, CGST is Rs29,773 crore, SGST is Rs37,623 crore, while IGST is Rs 85,930 crore (including Rs 41,239 crore collected on import of goods) and cess is Rs 11,779 crore (including Rs 840 crore collected on import of goods), the ministry said in a statement.

Aggregate state GST collections growth to moderate to 12% to 14% in FY24: Crisil

Aggregate state GST collections growth to moderate to 12% to 14% in FY24: Crisil

Wed, Jun 14, 2023

The growth in aggregate GST collection for states is likely to moderate to 12-14 per cent in FY24 from 20 per cent in FY23, domestic rating agency Crisil said on Wednesday.

Editor's Take: Why Did Anil Singhvi Say, 'No More Tax Will Increase Now' ? Watch To Know The Triggers

Editor's Take: Why Did Anil Singhvi Say, 'No More Tax Will Increase Now' ? Watch To Know The Triggers

Tue, May 02, 2023

GST collection grew by 12 per cent in April to ₹1.87 lakh crore, the highest monthly mop-up since the rollout of the indirect tax regime. Why is it now a dream situation for the Indian economy? Why did Anil Singhvi say - no more tax will increase now? Know from Anil Singhvi.

Union Budget 2023: CBDT and CBIC chairman on Income Tax Slabs and GST collection

Union Budget 2023: CBDT and CBIC chairman on Income Tax Slabs and GST collection

Thu, Feb 02, 2023

Nitin Gupta, Chairperson, CBDT and Vivek Johri Chairman, CBIC talks about the changes in the tax slabs, how the restructuring of tax regimes can benefit the masses, and the impact of inflation on GST collection.

GST Collection October 2022: 2nd highest ever! Check CGST, SGCT, IGST, Cess details; state-wise revenue data

GST Collection October 2022: 2nd highest ever! Check CGST, SGCT, IGST, Cess details; state-wise revenue data

Tue, Nov 01, 2022

Gross GST Revenue Collection October 2022: The revenue for October 2022 is second highest monthly collection, next only to the collection in April 2022 and it is for the second time the gross GST collection has crossed Rs. 1.50 lakh crore mark.

GST collection in September surpasses Rs 1.4 lakh crore for straight seventh time

GST collection in September surpasses Rs 1.4 lakh crore for straight seventh time

Sat, Oct 01, 2022

For the record seventh time, the country's gross GST revenue collection surpassed 1.4 lakh crore. In the month of September, the government collected Rs 1,47,686 crore gross GST revenue.

June GST collection at Rs 1.44 lakh crore; 2nd highest since implementation

June GST collection at Rs 1.44 lakh crore; 2nd highest since implementation

Fri, Jul 01, 2022

During the month, revenues from import of goods was 55% higher and the revenues from domestic transaction (including import of services) are 56% higher than the revenues from these sources during the same month last year.

GST Collection May 2022: Increase of 44% year-on-year - Check CGST, SGST, IGST, cess and state-wise revenue data

GST Collection May 2022: Increase of 44% year-on-year - Check CGST, SGST, IGST, cess and state-wise revenue data

Wed, Jun 01, 2022

GST Collection May 2022: Ministry of Finance in a statement said, "This is only the fourth time the monthly GST collection crossed ₹1.40 lakh crore mark since inception of GST and third month at a stretch since March 2022.

GST Collection April 2022: highest ever at Rs 1.68 lakh crore, up 20% YoY

GST Collection April 2022: highest ever at Rs 1.68 lakh crore, up 20% YoY

Sun, May 01, 2022

Gross GST collection in April 2022 is all time high, Rs 25,000 crore more than the next highest collection of Rs. 1,42,095 crore, just last month

GST Collection Feb 2022: Rs 1.33 lakh cr gross revenue; 1st time ever cess crosses Rs 10k cr mark

GST Collection Feb 2022: Rs 1.33 lakh cr gross revenue; 1st time ever cess crosses Rs 10k cr mark

Tue, Mar 01, 2022

GST collection crossed Rs 1.30 lakh crore mark for the 5th time!

Govt to exceed FY22 tax collection target, direct tax mop-up at Rs 6 lakh cr till Oct: Official

Govt to exceed FY22 tax collection target, direct tax mop-up at Rs 6 lakh cr till Oct: Official

Sun, Nov 21, 2021

With the net direct tax collection till October closing in on Rs 6 lakh crore and average monthly GST mop-up likely around Rs 1.15 lakh crore this fiscal, the government's tax collection kitty will surpass budget estimates this financial year, Revenue Secretary Tarun Bajaj said.

GST collections expected to improve, says SBI Ecowrap report

GST collections expected to improve, says SBI Ecowrap report

Tue, Aug 03, 2021

Recently, official data showed that net tax collections for Q1FY22 stood at Rs 5.58 lakh crore.

GST June 2021 Collections: Revenue stands at Rs 92,849 crore - Check CGST, SGST and IGST break-up details here

GST June 2021 Collections: Revenue stands at Rs 92,849 crore - Check CGST, SGST and IGST break-up details here

Tue, Jul 06, 2021

During this month, the government has settled Rs 19,286 crore to CGST and Rs 16,939 crore to SGST from IGST as regular settlement.

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