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The number of e-way bill generation has increased to 8.82 crores in May from 8.44 crores in April, which indicates more movement of goods. As per the PMI (Purchasing Managers’ Index) manufacturing, the result rose to a 31-month high of 58.7 in May, providing the first indication of increased goods movement. Increased bill generation may […]
In the month of May, the GST collections of India surged by 11.5%, standing slowest in 6 months to cross Rs 1.57 lakh cr with the revenue from the domestic transactions rising 11% and imports which generate 12% additional taxes compared to before year. May’s revenue for the transaction that takes place in the month […]
Haryana has a population of 3.06 crore and the state’s boundary acquires an area of 50,362 sq km, collected Rs. 10,035 crore GST in April 2023, its GST collection is four times that of Punjab’s collection of Rs 2,316 crore, which has a population of 2.99 crore and a surface area of 44,212 sq km. […]
Andhra Pradesh has witnessed the highest-ever GST collection in April 2023 since the introduction of the GST system. The state released Rs. 4,329 crore gross GST revenue for the month. Almost 70% of the increase has been noted in the GST revenue of the state in the last four years. The strong GST mop-up in […]
A rise of 22% in the GST collection of the state of Haryana has been enrolled in the month of April this year compared to April 2022, the GST collection of the state would have surged to Rs 10,035 cr in April which is more than the to Rs 8,197 crore in April 2022, Union […]
Karnataka has set a record by collecting net GST collection of Rs. 14,593 crore. Although Karnataka has secured second position after Maharashtra which has a total GST collection of Rs. 33,196 crores, the state has again surpassed Gujarat (Rs. 11,721) and Tamil Nadu (Rs. 11,559) and put them in third and fourth position respectively. Telangana […]
The GST revenue collection for the month of April 2023 stood the highest ever at Rs 1.87 lakh cr, Rs 19,495 crore which is exceeding the following highest collection of Rs. 1,67,540 lakh crore, in April 2022. In the month of April, the gross GST revenue collected 2023 is Rs 1,87,035 crore where CGST is […]
The Rajasthan government will hire 2,000 ‘Tax Mitra’ to ease the collection of Goods and Services Tax (GST) and Value Added Tax (VAT). 2,000 ‘Tax Mitra’ shall get hired by the government in order to ease the petitioner in the procedure of application of GST and VAT. The same shall build it simpler to deposit […]
Maharashtra continues to post the largest GST collection in the nation, making up about 15% of the overall total in 2022–2023. With a compound annual growth rate (CAGR) outpacing all other states between 2018-19 and 2022-2023, its GST fund is likewise expanding quickly. According to the most recent statistics, Maharashtra’s GST revenue for the fiscal […]
