With an annual target of R. 84,475 crore for 2024-25, the Chief Minister urged officials to focus on underperforming regions such as Malenadu and Mysuru to meet targets. GST collections grew by 15 per cent with Karnataka contributing Rs 13,722 crore, placing the state second nationally in GS
Goods and Services Tax (GST) collections in October, in gross terms, were at Rs 1.87 lakh crore, with a yearly jump of 8.9 per cent, according to data from the finance ministry released on Friday.
After the Goods and Services tax collections for September showed a yearly jump of 6.5 per cent, the experts in this domain have expressed optimism for the collections in the upcoming months, citing the continued festive season and the government's focus to ensure a stable revenue trajectory
Goods and Services Tax (GST) collections in September, in gross terms, were at Rs 1.73 lakh crore, with a yearly jump of 6.5 per cent, according to data from finance ministry released on Tuesday.
Goods and Services Tax (GST) collections in August, in gross terms, were at Rs 1.74 lakh crore, with a yearly jump of 10 per cent, data showed on Sunday.
GST collections in the initial months of FY25 have seen a notable surge, driven by a broader tax base and heightened economic activity. This level shift in GST collections reflects sustained economic engagement, bolstered further by a double-digit increase in e-way bill generation, indicatin
So far in 2024, the total GST collection has been 10.2 per cent higher at Rs 7.38 lakh crore, as against Rs 6.70 lakh crore mopped up in the corresponding period of 2023.
The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in April month. The GST collection has also registered a 12.4 per cent year-on-year growth.
The gross Goods and Services Tax (GST) revenue collected for February 2024 stood at Rs 1,68,337 crore, marking a robust 12.5 percent increase compared to that in the same month in 2023, the Union Finance Ministry said on Friday.
Good and Services Tax (GST) Revenue collection for November 2023 stands at Rs 1,67,929 lakh crore recording the highest growth rate of 15 per cent Year-on-Year, an official statement issued by the Ministry of Finance said on Friday.
GST collections for October stood at Rs 1.72 lakh crore, which is the second highest ever, according to an official statement issued by the Finance Ministry on Tuesday.