Gst Revenue
Recent Highlights
All Stories for Gst Revenue
GST mop-up slips below Rs 1 lakh cr-mark first time in four months, March collection at Rs 97,597 cr
•GST collections in March slipped below the psychological Rs 1 lakh crore-mark for the first time in four months to Rs 97,597 crore as COVID-19 lockdown that shut most businesses compounded tax collections in an already sluggish economy
GST collection crosses Rs 1 lakh cr mark for third month in a row in January; in line with set target
•The GST collection is in line with the target set by Revenue Secretary Ajay Bhushan Pandey after a high-level meeting with senior tax officials earlier this month.
GST collection in January likely to touch record Rs 1.15 lakh cr on efficient tax administration despite economic slowdown
Fp Staff •The GST collection in December 2019 remained at Rs 1.03 lakh crore indicating a pick-up in consumption, which also slipped into slump mode.
GST revenue collection rises above Rs 1 lakh cr-mark for second month in row in December
•GST revenue collection remained above the Rs 1 lakh crore mark for the second month in a row with December mop-up rising to Rs 1.03 lakh crore as compared to the year-ago period
GST revenue collection crosses Rs 1 lakh cr after a gap of 3 months in November; up 6%
•After two months of negative growth, the GST revenue witnessed an impressive recovery with a growth of 6 percent in November 2019 over the November 2018 collections
GST collections remain subdued at Rs 95,380 cr in October; mop-up below Rs 1 lakh cr-mark for third month in a row
•The Goods and Services Tax (GST) collection in October declined to Rs 95,380 crore, as against Rs 1,00,710 crore in the same month a year ago, as per government data released on Friday
GST receipts slip below Rs 1 lakh cr-mark in June in signs of sluggish momentum in tax collections
•While the GST collections in June were lower than Rs 1,00,289 crore in May, they were higher than Rs 95,610 crore receipts in the same month of the previous year.
GST mop-up crosses Rs 1 lakh cr for three straight months in May; lower than record collection of Rs 1.13 lakh cr in April
•This is the third consecutive month in which GST collections have crossed Rs 1 lakh crore mark
Piyush Goyal's FY20 forecast of GST revenue growth is ambitious; any shortfall to affect social sector spending
Malini Chakravarty •An analysis shows that tax revenue forecasted in the year budget is presented often tends to be different from the actual revenue generated.
GST collections jump 14% to Rs 1.02 lakh cr in January; revenue figures cross milestone figure thrice this fiscal
Fp Staff •The total revenue earned by the central government and state governments after regular settlement in December 2018 is Rs 36,107 crore for CGST and Rs 39,503 crore for SGST.