Government to stick to Rs 33.61 lakh crore tax collection target in revised estimate
The government is likely to stick to the budgeted estimate of total tax collection target of Rs 33.61 lakh. crore…
Tag: GST revenue
FM Sitharaman busts opposition’s ‘biased’ GST revenue sharing claims with data
Finance Minister Sitharaman has responded to allegations made by state governments regarding non-payment of earned revenue. Opposition parties in power…
FY25 likely to witness Rs 1.7 lakh crore average monthly GST revenue
The Finance Ministry is anticipating that average monthly goods and service tax (GST) revenue collections for the upcoming fiscal 2024-25 will surpass…
Real money gaming firms risk huge revenue loss by FY28 on GST levy: Report
India’s online gaming market is expected to grow to Rs. 33,243 crore by FY28, but the real money gaming (RMG)…
Average monthly GST mop-up at Rs.1.66 lakh crore so far this fiscal: FM
The Goods and Services Tax (GST) collection has been showing an upward trend on an annual basis since its roll-out…
16th Finance Commission likely to be tasked with reviewing GST revenue
The soon to be set up Sixteenth Finance Commission is likely to be tasked with reviewing the revenue collections of…
GST revenue up due to economic activity, not notices: CBIC Chairman
The rise in Goods and Services Tax (GST) collections in October has been on account of economic activity and not…
28.2% growth in GST revenue in five months: Punjab finance minister Cheema
Punjab finance minister Harpal Singh Cheema on Tuesday said the state government has recorded a growth of 28.2% in goods…
Gross GST revenue collected during August 2023; records 11% Year-on-Year growth
The gross GST revenue collected in the month of August, 2023 is ₹1,59,069 crore of which CGST is ₹28,328 crore, SGST is ₹35,794 crore,…
Government Losing Revenue Due To GST
Economic Advisory Council to the Prime Minister (EAC-PM) Chairman Bibek Debroy on Tuesday said the government was losing revenue due…