APRIL 1, 2024 Gross Good and Services Tax (GST) revenue for March 2024 witnessed the second highest collection ever at ₹1.78 lakh crore, with a 11.5% year-on-year growth. This surge was driven by a significant rise in GST collection from domestic transactions at 17.6%. GST revenue net of […]
J&K registers 28% growth in GST collection in December 2022 SRINAGAR, JANUARY 02: The Union Territory of Jammu and Kashmir has registered a substantial growth in collection of Goods and Services Tax (GST) in the month of December, 2022. As per the state/UT wise data being reflected in […]
DELHI, OCTOBER 15: Under Option-I States were to be provided a Special Window of Borrowing of ₹1.1 lakh cr, and over and above that, an authorisation for additional Open Market Borrowings of 0.5% of their GSDP. The authorisation for increased OMBs of 0.5% of GSDP has been issued […]
New Delhi, Sep 1: In an apparent sign of economic slowdown, India’s GST collections in August dropped to Rs 98,202 crore from over Rs 1.02 lakh crore in the previous month, the finance ministry said on Sunday. However, total Goods and Services Tax (GST) mop-up for August this year […]
Mumbai : The GST implementation was a “monumental reform” which had disruptionist impact on growth only for two quarters, Finance Minister Arun Jaitley said Sunday, hitting out at “critics and cynics” who blame it for hurting the GDP expansion. The remarks come a day after former RBI Governor Raghuram […]
Washington, Nov 10: Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India’s economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country’s needs. Addressing […]
open view web desk BENGALURU- India’s economy won’t significantly benefit from a goods and services tax until after next fiscal year, according to a slim majority of economists polled by Reuters, but almost half said rewards might come sooner. Economic growth is probably at its weakest pace […]
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