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Search results for: GST growth

President Murmu Flags GST 2.0, Revamped Income Tax

President Murmu: ‘Reforms Express’ Is Accelerating, with GST 2.0 and New Tax Regime Driving Inclusive Growth

President Droupadi Murmu announced that the Union government is committed to making significant changes that will positively impact the lives of poor and middle-class citizens. These changes include new tax reforms that aim to make the tax system fairer and more efficient, helping to ensure that more people benefit from government policies. The President, addressing […]

GST Collection for December 2025

India’s December 2025 Gross GST Revenue Hits ₹1.75 Lakh Cr; Records 6.1% Year-on-Year Growth

December 2025 gross Goods and Services Tax collections stood at Rs 1.75 lakh crore, marking a 6.1% rise from the previous year. GST collections have surged in the April-December period of 2025-26, with total collections reaching Rs 16.5 lakh crore, up 8.6 per cent from Rs 15.2 lakh crore in the same period last year. […]

Chhattisgarh GST Collection for March 2025

Chhattisgarh Achieves 18% Growth in GST Collection for March 2025

In the collection of the GST revenue in India, Chhattisgarh has emerged as the fastest-growing state that achieving an unprecedented 18% growth rate in the fiscal year 2024-25, as per the state officials. A total GST revenue collection of Rs 16,390 crore has been recorded in Chhattisgarh, which exceeds all the other states in annual […]

Punjab Surpasses National Average in GST Collection

Punjab Reports 11.87% Growth in GST Collection, Surpasses National Average

Punjab Finance, Planning, Excise and Taxation Minister Harpal Singh Cheema said that the state had recorded an 11.87% increase in net Goods and Services Tax (GST) collection up to January in the existing fiscal year, exceeding the national average of 10 per cent. Punjab has reported a significant increase in its revenue, with excise taxes […]

GST Collection for January 2025

GST Collection Sees a Remarkable Growth of 11% in January 2025

Net goods and services tax (GST) of ₹1.71 trillion in January has been collected by the Centre and states, the highest in nine months. As per the official data, the collection is 10.9% higher from ₹1.54 trillion in the year-ago period. In April FY25, the net collection stood at ₹1.92 trillion. Last month the gross […]

Punjab Govt Reports 63% Growth in GST Collection for Nov 2024

Punjab FM Cheema Reports 62.93% Growth in GST Collection for November 2024 Compared to Last Year

The state witnessed a 62.93% growth in net GST (goods and services tax) collection during November 2024 compared to the related period last year, Punjab Finance, planning, excise, and taxation minister Harpal Singh Cheema mentioned. Cheema in a statement cited that the total net GST collection up to November this fiscal year shows an increase […]

GST Growth Rates Drop in Andhra Pradesh and Telangana States

GST Collections in August Show Tepid Growth for AP and Telangana Compared to Other Southern States

The updated Goods and Services Tax (GST) numbers for Andhra Pradesh and Telangana express a lacklustre scenario for the Telugu states. Both states have shown lower growth rates compared to other southern states as per GST collections in Aug 2024. Andhra Pradesh, for the first time (excluding pandemic years), exhibited negative (-4%) growth, while Telangana […]

Uttar Pradesh Overtakes Tamil Nadu in Monthly GST Collection

UP Surpasses TN in GST Collections By Reporting a 19% Growth

Concerning monthly GST collections, Uttar Pradesh has overtaken Tamil Nadu by recording a 19% rise in tax revenues in April. As per the information, by 19% the GST collections in Uttar Pradesh increased to Rs 12,290 crore in April 2024, becoming the 4th largest contributor after Maharashtra, Karnataka, and Gujarat. Tamil Nadu, which saw a […]

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