Page 13 - Gst Collection

GST collection dips sharply in Maharashtra, Haryana; deficit worries mount

This will impact finances of the two states in FY20, especially when the share of states in corporation taxes will fall due to corporation tax cuts

Pragmatic tax collection can cut fiscal deficit

Time has come to monitor empirically the buoyancy and elasticity of the tax system

Risk to state govt finances

Debt at the subnational level is high

Corporate tax reduction signals intent for reform, says CEA Subramanian

He also said GST tax collection varies with the nominal rate of GDP in the economy and there has been some slowdown in it

No respite from slowdown pain: GST collection drops to 19-month low in Sept

The GST mop-up in September was 2.67 per cent lower than the collection in the corresponding month last year and 6.4 per cent below the last month's figure

Auto sector's rate-cut hopes fade as GST cess collection declines

Some states have asked for rate cuts for 5-star hotels; relief for cement, biscuit industries may be discussed

100 days of Modi govt: We know how to take challenges head-on, says PM

Smriti Irani described the first 100 days as historic, and tweeted some of the steps taken

GST collection falls below Rs 1 trillion in August: Govt data

Gross revenue collections from the Goods and Services Tax (GST) in July stood at Rs 1.02 trillion

Sitharaman reduces FY20 GST collection estimate by 13% to Rs 6.63 trillion

Sitharaman slashes FY20 forecasts by 13% from Goyal's February Budget Estimates

GST collection falls below Rs 1-trillion mark, first time in four months

Govt might push data intelligence, crackdown on evasion to boost collections

GST collection crosses Rs 1 trillion for third straight month in May

Despite a steady collection rate, the government faces a steep Budget target of Rs 6.1 trillion for CGST for 2019-20

Revenue department takes final shots on the last day of GST collection

Officials indicate that March collection on the way to cross Rs 1 trillion

GST collection crosses Rs 1-trillion mark in January: Finance Ministry

Previously in April and October, the collections had surpassed this milestone

GST collections drop to Rs 94,726 cr in December, lowest in three months

The Centre needs Rs 87,000 crore in January, February and March at least to recoup this shortfall

Robust GST collections in October raise fiscal deficit concerns

The total GST target for FY19 is pegged at Rs 12.5 trillion

GST collection crosses Rs 1-trillion mark for a second time in 2018-19

Stability at this level in the remaining part of 2018-19 key for fiscal discipline

GST mop-up: Rs 1-trillion target missed for fifth month in a row

This has brought down the average monthly GST collection in 2018-19 marginally, from Rs 967 billion (April - August) to Rs 963 billion (April - September)

Centre, states apportion Rs 290 bn IGST in Sept, Union govt to get Rs145 bn

The apportionment would help improve indirect tax position of both the Centre and states

GST collection in May declines to Rs 940 billion, misses Rs 1-trillion mark

Of the total collection, Central GST (CGST) stood at Rs 158.66 billion

GST revenue collection grows; exceeds Rs 1 trillion mark in April

A total of 6.047 million GSTR 3B returns were filed for the month of March, as on April 30, as against 8.712 million