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After adjusting refunds, net GST mop-up was up 7.3% to about ₹2.11 lakh crore. | Photo Credit: Getty Images/iStockphoto The government’s Goods and Services Tax (GST) revenue in April 2026 surged to an all-time high of Rs 2.43 lakh crore, up 8.7% over April last year. Notably, growth was once again driven by collections on…
The Goods and Services Tax (GST) revenue of ₹1.74 lakh crore in December 2025 confirms just how narrow the government’s fiscal policy space is. The December data reflect the economic activity in November, the second month under the new, reduced GST rates. December’s revenues were marginally higher than the ₹1.7 lakh crore collected in November….
Read More “Unenviable choice: On the government’s fiscal policy space” »
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Gross GST collection rose at a slower pace of 0.7% in November at ₹1.70 lakh crore, as domestic revenues declined, according to the government data released on Monday (December 1, 2025). Gross Goods and Services Tax (GST) collection was over ₹1.69 lakh crore in…
Read More “GST collection rises at slower pace of 0.7% to ₹1.70 lakh cr in November” »
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Gross GST collection increased 4.6% to about ₹1.96 lakh crore in October driven by festive buying spree despite a cut in GST rates. Goods and Services Tax (GST) rates on 375 items, including kitchen staples to electronics and automobiles, were slashed with effect from…
Read More “GST collections rise 4.6% to ₹1.96 lakh cr in October” »
Gross Goods and Services Tax mop-up was ₹1.73 lakh crore in September 2024. Last month, the collection was ₹1.86 lakh crore, as per government data released. File. | Photo Credit: Reuters GST collections clocked near double-digit growth to amass ₹1.89 lakh crore in September — a month in which the reduced tax rates came into…
Read More “GST collections rise by 9% to ₹1.89 lakh crore in September” »
Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s gross Goods and Services Tax (GST) collections rebounded sharply in January, rising 12.3% from December’s weak 7.3% uptick, to hit their second highest monthly tally of ₹1,95,506 crore, with domestic revenues rising 10% and revenues from imports up 19.8%. Gross GST inflows had…
Read More “GST receipts rebound to second-highest peak in January ” »
Congress leader Jairam Ramesh. File | Photo Credit: PTI The Congress on Friday claimed that the last quarter of the current fiscal year (2024-25) witnessed the “second-slowest pace” of collection of Goods and Services Tax (GST) in the past three years and urged the government to focus on the complexities of the economy instead of…
Representative image | Photo Credit: Getty Images Gross GST collection grew 9% to over ₹1.87 lakh crore in October on higher revenues from domestic transactions. India’s Gross Goods and Services Tax (GST) collections surpassed ₹1.87 lakh crore in October, marking the second highest monthly collections on record, with growth rebounding to 8.9% in October from…
Read More “GST collection grows 9% to ₹1.87 lakh crore in October” »
Photo used for representation purpose only. Growth in India’s Gross Goods and Services Tax (GST) collections slumped to a 40-month low of 6.5% in September, yielding revenues of ₹1,73,240 crore, about 1% lower than the tally in August. Net GST receipts, after adjusting for refunds made to taxpayers, were 3.9% higher than a year ago,…
Read More “GST collections hit a 40-month low in September 2024” »
The gross GST collections in June stood at around ₹1.74 lakh crore. Image for representation purposes only. File | Photo Credit: Getty Images/iStockphoto The gross Goods and Services Tax (GST) collections in June stood at around ₹1.74 lakh crore, as per sources, reflecting a rise of around 7.7% from the ₹1,61,497 crore collected in June…
Read More “GST collections show 7.7% growth, slowest increase since July 2021” »