GST Archives - Page 3 of 5

September 4, 2025 8:45 AM

‘Will boost economic growth, support India’s vision of Atmanirbhar Bharat’: Hardeep Puri lauds GST reforms

Lauding the Centre's landmark decision to slash and rationalise GST rates, Union Minister Hardeep Puri on Thursday said that these changes will boost economic growth and further support India's vision of 'Atmanirbhar Bharat'. In a post on X, the Uni...

September 1, 2025 5:04 PM

GST collections rise 6.5% in August to Rs 1.86 lakh crore

India’s Goods and Services Tax (GST) collections rose by 6.5% year-on-year to ₹1.86 lakh crore in August 2025, according to government data released on Monday. This marks the eighth consecutive month that revenues have remained above the ₹1.8 l...

August 15, 2025 9:00 AM

PM Modi promises GST overhaul ahead of Diwali; says the review is need of the hour

Prime Minister Narendra Modi, in a bold Independence Day declaration, announced the formation of a high-level task force to spearhead next-generation reforms across governance, taxation, and public service delivery. Addressing the nation from the Re...

August 1, 2025 6:24 PM

GST collections rise 7.5% in July to Rs 1.96 lakh crore

India’s Goods and Services Tax (GST) collections rose to Rs 1.96 lakh crore in July, up 7.5 per cent from the same month of the previous year, according to government data released on Friday. The increase was driven by higher revenue from both dom...

July 22, 2025 10:59 AM

GST at Eight Years: Report Highlights Growth in Revenue and growing Women’s Inclusion in Formal Economy

There are over 1.52 crore active Goods and Services Tax (GST) registrations and one-fifth of registered GST taxpayers in India now have at least one woman, and 14 per cent of registered taxpayers have all female members (on the basis of the constitut...

January 24, 2025 9:33 PM

Natural gas, aviation fuel likely to come under GST: Hardeep Puri

Union Petroleum and Natural Gas Minister Hardeep Puri stated on Friday that there is an increasing consensus on bringing natural gas under the Goods and Services Tax (GST) regime. However, he refrained from specifying a timeline for this development....

January 2, 2025 5:15 PM

Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth

As 2025 begins amidst heightened global uncertainties, India continues to be in a much stronger position with high-frequency indicators showing a pick-up in the pace of growth in the third quarter of the current fiscal (Q3 FY25), according to a repor...

January 1, 2025 7:12 PM

GST collections reach ₹1.77 lakh crore in December 2024

India's Goods and Services Tax (GST) collections rose to ₹1.77 lakh crore in December 2024, a 7.3% increase compared to ₹1.65 lakh crore in December 2023, as per data released by the government. The breakdown of December's GST collection...

GST-Council-to-discuss-industry-demand-of-full-CGST

November 1, 2024 4:43 PM

GST collections in October increase by 9% to Rs 1.87 lakh crore

Goods and Services Tax (GST) collections in October totaled Rs 1.87 lakh crore, reflecting a yearly increase of 8.9 percent, according to data released by the finance ministry on Friday. In October 2023, the total collection amounted to Rs 1.72 lakh ...

October 18, 2024 9:02 PM

GoM to propose lower GST on insurance premiums and adjust tax slabs

The Group of Ministers (GoM) set up to suggest changes in GST rates will meet on Saturday, October 19, to discuss the rationalization of taxes, particularly on health and life insurance premiums. The meeting will also explore proposals to modify exis...