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.
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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.
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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.
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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.
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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.
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High GST collection shows resilience of Indian economy: Anurag Thakur
Thu, Jul 01, 2021
Minister of State for Finance and Corporate Affairs Anurag Thakur said that the record high GST collections in the past few months despite the pandemic show India's economic resilience and the sincerity of businesses towards nation building.
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Despite lack of business activity, GST collection in April astounding, says Anil Singhvi
Mon, May 03, 2021
In a special edition of the Editor’s Take show, Zee Business Managing Editor Anil Singhvi said that he was surprised about the goods and services tax (GST) collection in April. The central government on Friday reported a record GST revenue collection of Rs 1.41 lakh crore in April 2021.
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Covid-19 impact: GST collection drops 14% to Rs 87,422 cr in July
Sun, Aug 02, 2020
The Covid-induced shrinking of economic activity for the past few months continued to have its impact on government's tax collections with revenue under the Goods and Services Tax (GST) falling far below the psychological level of Rs 1 lakh crore to Rs 87,422 crore in July.
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GST collection drops 9% to Rs 90,917 cr in June
Wed, Jul 01, 2020
The revenues during the financial year has been impacted due to COVID-19, firstly due to the economic impact of the pandemic and secondly due to the relaxations given by the Government in filing of returns and payment of taxes due to the pandemic. However, figures of past three months show recovery in GST revenues, the statement added.
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