Growth in GST is mainly due to improved compliance, plugging of loopholes used for evading taxes and improved economic activities. Inflation helps in better tax collection, but in 2023-24 ...

Every year, when the government releases the goods and services tax (GST) collection figures for April, they are touted as a ‘record high' or the ‘highest ever’. Technically, they are—but ...

It may be noted that the month of April had seen all-time high GST collections of over ₹1.68-lakh crore. This collection is related to transactions that took place in March. Similarly ...

In September, GST collections in India witnessed a 6.5% rise to Rs 1,73,240 crore, marking the slowest increase in over three years due to domestic factors. While strong monsoon disruptions ...

NEW DELHI: The economic slowdown and the spread of COVID-19 related lockdowns took their toll on Goods and Services Tax (GST) collections in March, with the figure slipping below the Rs 1 lakh ...

Collection in October is related to goods and services consumed in September. The statement said the gross GST revenue for October ... said strong economic factors, as also the efforts of the ...

civil aviation and real estate is affecting revenue collections. The minister said that the challenge in meeting the stiff goods and services tax (GST) collection target was mostly from services ...

“At least 75-80% of the GST (goods and services tax) collection is derived from the ... as one of the key factors driving ...