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Monday, May 6, 2024
TopicGST collections

Topic: GST collections

Strong showing by north, improved compliance — how GST revenue rose to record Rs 2.1 lakh cr in April

While April typically sees highest collections in a financial year, analysts say a host of reasons came together this time to lift total figures.

Different time zones, same Opposition story & free grain-high taxes tradeoff

The best cartoons of the day, chosen by the editors at ThePrint.

Govt detecting increasing amounts of GST evasion each year, but recoveries are falling short

Overall, GST being evaded has been rising sharply, but recovery has failed to keep pace. Maharashtra is epicentre of GST evasion, with outsized share in both absolute & relative terms.

GST revenues grow 11% to about Rs 1.6 lakh crore in Aug, says Revenue Secretary Sanjay Malhotra

Malhotra said GST collections have grown by more than nominal GDP and this is despite no increase in tax rates.

Six years of GST — robust revenues but reforms key to easing compliance & boosting states’ incomes

GST was first introduced in India on 1 July, 2017. But tax experts now call for key reforms, such as setting up tribunals for appeals and including petroleum products in the regime.

GST collection rises 12% to Rs 1.57 lakh crore in May

The government collected 1.41 trillion rupees as GST in May 2022 and a record 1.87 trillion rupees in April.

GST collections rising but not enough to satisfy states

ThePrint view on the most important issues this week.

On Camera

Azad, Antony, Geetha—6 candidates to watch in 2024. Their win can reshape politics in states

While Chandra Shekhar Azad is a streetfighter who has caught the fancy of Dalit youth, Anil Antony is the face of the BJP’s fresh social engineering attempt.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.