India Gst Revenue
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Gross GST Collections Rise 3.2% To Rs 1.94 Lakh Crore In May
Gross GST collections rose 3.2% to Rs 1.94 lakh crore in May driven by goods and services supply.
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'Prices Have Hit Unimaginable Levels': N Sitharaman Says Focus On Three 'Fs'
Sitharaman defended the Centre's handling of rising fuel prices, saying the government had already taken a major revenue hit to shield consumers.
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Fuel Price Hike: Why Petrol Costs Rs 117 In Hyderabad But Rs 102 In Delhi
Petrol, Diesel Price Today: States that need more revenue keep fuel taxes higher as fuel remains one of the most reliable source of tax collection.
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Debt-To-GSDP Ratio Down 4% To 44.47% Under AAP Government: Punjab Minister
Punjab Finance Minister Harpal Singh Cheema on Tuesday said the AAP government has brought down the debt-to-GSDP ratio by four percentage points to 44.47 per cent.
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Auto Industry Generates 15 Pc Of India's Total GST Revenue; Provides 30 Million Jobs
India's automobile sector contributes 15% of GST revenue, supports 30 million jobs, and posted strong 2025 production, sales, and export figures across all categories. Here's a detailed report you must check out.
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Ahead of Budget 2026, January GST Collection Hits Rs 1.93 Lakh Crore, A 6.2% Rise
Refunds cooled, slipping 3.1 percent to Rs 22,665 crore. Domestic refunds fell 7.1 percent, while export refunds inched up 2.9 percent.
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LED Video Walls to Power ViewSonic India's Rs. 500 Crore Growth Ambition for 2026
With GST correction and expanding enterprise demand, ViewSonic aims to scale its presence across education, retail, and public spaces.
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Opinion | Why States, Not Centre, Should Get All The Credit For GST 'Savings'
Amidst all the hoopla, it is the State governments that truly deserve recognition for coming together for the GST revision. Because the States are the ones bearing the brunt of massive revenue losses.
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'States Likely To Lose Rs 1.5 Lakh Crore Due To GST 2.0': Karnataka Minister To NDTV
Karnataka Revenue Minister Krishna Byre Gowda said that while he supports the new GST structure that came into effect on Monday, it is likely to cause a revenue loss of at least 1 to 1.5 lakh crores to states.
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"Not Sitting With Huge Suitcase...": N Sitharaman On GST Compensation Demands
Responding to complaints from states that they will not be compensated for losses in revenue, if any, from the GST reforms, Nirmala Sitharaman has said the decision was taken by consensus in the GST council.
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'Rate Cuts Will Boost Consumption': Tax Board Chief On GST 2.0's Revenue Impact
Higher consumption driven by GST rate cuts may contribute to offsetting the government's revenue loss, provided the industry passes on the benefit to consumers, the Central Board of Indirect Taxes and Customs has told NDTV.
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'Spurt In Consumption To Meet Fiscal Deficit Target Of 4.4%': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs 48,000 crore following reduction in tax rates on a host of items
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GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
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"States Need To Be Compensated For Revenue Losses": P Chidambaram On GST Move
P Chidambaram -- Congress's former Union Minister who handled the finance portfolio -- said today that while the rationalisation of the Goods and Services Tax law is welcome, it is eight years too late.
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GST Revamp: How Opposition-Ruled States Came On Board
The rationalisation of Goods and Services tax, done eight years after the flagship reforms were initiated, took place after a clear directive from Prime Minister Narendra Modi delivered from the ramparts of the Red Fort on Independence Day.
-
Gross GST Collections Rise 3.2% To Rs 1.94 Lakh Crore In May
Gross GST collections rose 3.2% to Rs 1.94 lakh crore in May driven by goods and services supply.
-
'Prices Have Hit Unimaginable Levels': N Sitharaman Says Focus On Three 'Fs'
Sitharaman defended the Centre's handling of rising fuel prices, saying the government had already taken a major revenue hit to shield consumers.
-
Fuel Price Hike: Why Petrol Costs Rs 117 In Hyderabad But Rs 102 In Delhi
Petrol, Diesel Price Today: States that need more revenue keep fuel taxes higher as fuel remains one of the most reliable source of tax collection.
-
Debt-To-GSDP Ratio Down 4% To 44.47% Under AAP Government: Punjab Minister
Punjab Finance Minister Harpal Singh Cheema on Tuesday said the AAP government has brought down the debt-to-GSDP ratio by four percentage points to 44.47 per cent.
-
Auto Industry Generates 15 Pc Of India's Total GST Revenue; Provides 30 Million Jobs
India's automobile sector contributes 15% of GST revenue, supports 30 million jobs, and posted strong 2025 production, sales, and export figures across all categories. Here's a detailed report you must check out.
-
Ahead of Budget 2026, January GST Collection Hits Rs 1.93 Lakh Crore, A 6.2% Rise
Refunds cooled, slipping 3.1 percent to Rs 22,665 crore. Domestic refunds fell 7.1 percent, while export refunds inched up 2.9 percent.
-
LED Video Walls to Power ViewSonic India's Rs. 500 Crore Growth Ambition for 2026
With GST correction and expanding enterprise demand, ViewSonic aims to scale its presence across education, retail, and public spaces.
-
Opinion | Why States, Not Centre, Should Get All The Credit For GST 'Savings'
Amidst all the hoopla, it is the State governments that truly deserve recognition for coming together for the GST revision. Because the States are the ones bearing the brunt of massive revenue losses.
-
'States Likely To Lose Rs 1.5 Lakh Crore Due To GST 2.0': Karnataka Minister To NDTV
Karnataka Revenue Minister Krishna Byre Gowda said that while he supports the new GST structure that came into effect on Monday, it is likely to cause a revenue loss of at least 1 to 1.5 lakh crores to states.
-
"Not Sitting With Huge Suitcase...": N Sitharaman On GST Compensation Demands
Responding to complaints from states that they will not be compensated for losses in revenue, if any, from the GST reforms, Nirmala Sitharaman has said the decision was taken by consensus in the GST council.
-
'Rate Cuts Will Boost Consumption': Tax Board Chief On GST 2.0's Revenue Impact
Higher consumption driven by GST rate cuts may contribute to offsetting the government's revenue loss, provided the industry passes on the benefit to consumers, the Central Board of Indirect Taxes and Customs has told NDTV.
-
'Spurt In Consumption To Meet Fiscal Deficit Target Of 4.4%': Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has expressed confidence that revenue buoyancy driven by spurt in consumption will take care of the estimated GST shortfall of Rs 48,000 crore following reduction in tax rates on a host of items
-
GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
-
"States Need To Be Compensated For Revenue Losses": P Chidambaram On GST Move
P Chidambaram -- Congress's former Union Minister who handled the finance portfolio -- said today that while the rationalisation of the Goods and Services Tax law is welcome, it is eight years too late.
-
GST Revamp: How Opposition-Ruled States Came On Board
The rationalisation of Goods and Services tax, done eight years after the flagship reforms were initiated, took place after a clear directive from Prime Minister Narendra Modi delivered from the ramparts of the Red Fort on Independence Day.
