Category : Search result: Karnataka GST shortfall


Siddaramaiah Vows Support for Coastal Karnataka Tourism

Karnataka CM Siddaramaiah promises comprehensive government backing for entrepreneurs investing in coastal tourism at the Coastal Karnataka Tourism Conclave 2026. Discover the state's plan to boost the sector.

India's FY26 Tax Shortfall May Hit ₹2 Trillion

India's FY26 budget faces a major tax revenue gap, but strong non-tax receipts and GDP revisions are likely to keep the fiscal deficit near its 4.4% target. Get the full analysis.

Massive Tax Shortfall, Yet Fiscal Deficit Target on Track

Despite a projected ₹1.5-2 trillion tax revenue gap and slower nominal GDP growth, India's fiscal deficit target of 4.4% for FY26 remains achievable. Strong non-tax revenues and statistical revisions provide crucial support. Read the full analysis.

Eternal Gets ₹3.69 Crore GST Penalty Notice

Zomato's parent company Eternal faces a ₹3.69 crore GST penalty from West Bengal tax authorities for the 2019-20 period. The firm plans to appeal the order. Details inside.

AIMIM, BJP Clash Over GST in Telangana Assembly

A war of words erupted in the Telangana Assembly over the GST Amendment Bill. AIMIM's Akbaruddin Owaisi boycotted, citing economic ruin, while BJP defended the tax regime. Read the full debate.

Punjab GST collection dips 7% after Centre's tax reforms

Punjab's GST revenue falls by 7% after central tax reforms, with a Rs 511 crore shortfall in three months. Finance Minister Harpal Cheema blames the Centre, raising concerns over state finances ahead of 2027 polls. Read more.

Goa GST Collections Fall 3% in December

Goa reports a 3% drop in GST revenue for December, with CM Pramod Sawant citing a slowdown. State among 12 with declining collections. Read the full analysis.

Punjab OTS Scheme Extended to March 31, 2026

Punjab govt extends OTS scheme deadline to March 2026, offering 100% waiver on interest & penalties for pre-GST disputes. A relief for traders & industry. Apply now!

GST Collection Holds Strong at Rs 1.76 Lakh Crore

India's GST revenue for December 2024 stands at a robust Rs 1.76 lakh crore, including cess, demonstrating continued buoyancy despite rate rationalization. Explore the detailed analysis.

GST Revenue Hits Rs 1.75 Lakh Crore in December 2025

India's GST collections surged to Rs 1.75 lakh crore in December 2025, a 6.1% yearly rise. The April-December FY26 period saw 8.6% growth. Discover how recent tax reforms are driving this record revenue.

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