Tax Revenues Jump 30%, But Spending Still Outruns Income
India's tax revenues soared 30% in the first half of FY25, yet government expenditure grew faster, widening the fiscal deficit. Explore the details and implications for the economy.
India's tax revenues soared 30% in the first half of FY25, yet government expenditure grew faster, widening the fiscal deficit. Explore the details and implications for the economy.
Karnataka's GST collection growth moderated to 3% in October after a 10% surge in September. Analysts attribute the drop to post-festive normalization. Read more on the state's revenue trends.
A 27-year-old accountant from Bihar was arrested in Noida for generating fake invoices worth Rs 11 crore and fraudulently claiming Rs 2 crore in GST refunds. Read the full investigation details.
Maharashtra govt forms 7 divisional vigilance squads to probe complaints against revenue officials, aiming for faster, more accountable investigations. Learn about the new framework.
More than 40 induction furnace industrialists in Ludhiana receive GST notices for alleged bogus billing. The industry association plans to challenge the move, citing procedural flaws.
Andhra Pradesh sees a 4.6% drop in net GST collections for November 2025 following GST 2.0 rate cuts. Chief Commissioner Babu Ahmed cites lower yields despite volume growth. Read the full analysis.
Rajya Sabha returned the Manipur GST bill to Lok Sabha, with Finance Minister Nirmala Sitharaman highlighting its benefits. The opposition staged a walkout during the discussion.
Chandigarh's GST revenue grew 6% to Rs 243 crore in November 2025 compared to last year. However, October saw a 4% dip. Explore the city's tax collection trends and economic implications.
India's November GST collections fell to ₹1.7 trillion, raising questions on the stimulus effect of recent rate cuts. Read our analysis on the revenue trend and what it means for the economy.
GST collections grew marginally by 0.7% in November, reflecting the impact of recent rate cuts. Officials remain optimistic, citing a boost in consumption and taxable turnover.
Deputy CM Ajit Pawar reveals Maharashtra suffered Rs 10,000-12,000 crore revenue loss due to PM Modi's GST rate cuts but supported the pro-poor move. Details on state's financial strategy inside.
Union Minister Pankaj Chaudhary reveals Telangana contributed ₹4.36 lakh crore to central coffers from 2019-2025, receiving ₹3.76 lakh crore back. See the widening gap in recent years.
Gujarat's GST collection grew 9% to Rs 52,390 crore in April-November FY26. November saw Rs 6,723 crore GST, with enforcement revenue surging 61.7%. Read the full state tax report.
Lok Sabha passed the Manipur GST Bill and introduced new cess bills on tobacco products. The session faced adjournments due to opposition protests demanding discussion on electoral roll revision.
Finance Minister Nirmala Sitharaman tables the Manipur GST (Second Amendment) Bill, 2025, to replace the ordinance promulgated on October 7. Get the latest details on the parliamentary move.
India's GST revenue grew at a slower pace of 0.7% to Rs 1.70 lakh crore in November. Domestic transactions and services imports show mixed trends. Read the full analysis.
India's gross GST revenue rose to ₹1.7 trillion in November 2025, marking a 0.7% year-on-year increase, driven by lower tax rates. Get the latest economic updates and analysis.
Finance Minister Nirmala Sitharaman introduces the Manipur GST (Second Amendment) Bill, 2025, in Parliament to replace the October ordinance. Key legislative move for state taxation.
Lok Sabha approves Manipur GST Amendment Bill 2025, replacing the October ordinance. The move aligns state law with the new 5% and 18% tax slabs set by the GST Council. Read the full details.
Ahmedabad DGGI uncovers massive Rs 800 crore fake GST invoicing network across 3 cases. Four key conspirators arrested in major crackdown on economic fraud. Read the full investigation details.
IIM Calcutta introduces a 10-month Chief Revenue Officer Programme to equip senior executives with skills to break departmental silos and drive integrated revenue growth in Indian enterprises.
GST Council addresses inverted duty anomalies affecting industries like textiles and railways. Learn how this impacts businesses and the economy. Read more about GST reforms.
SBI's Soumya Kanti Ghosh reveals India's GST collections could double to Rs 4-5 lakh crore monthly by closing tax loopholes. Discover the growth trajectory and future projections.
India's GST revenue growth is expected to surge to 10% in November, recovering from an October slowdown caused by September's historic tax reforms. The government anticipates sustained buoyancy.
Indian states face severe fiscal strain as election welfare spending surges, with Bihar's schemes costing 4% of GDP. Capital expenditure lags while deficits rise across poll-bound states. Read analysis.
Tamil Nadu Revenue Employees Association begins indefinite boycott of Special Integrated Revenue work protesting salary discrepancies. Thousands of employees join protest demanding fair compensation.
Tamil Nadu revenue employees begin indefinite boycott of SIR work demanding pay parity. Association protests disparity in special duty allowance affecting 15,000 staff members.
CBIC Chairman Sanjay Kumar Agarwal inaugurates innovative GST Customs Pavilion at 44th India International Trade Fair, showcasing digital transformation in tax administration. Discover the future of taxation!
TrackAse introduces AI-enabled GST litigation management platform to streamline tax dispute resolution. Transform how businesses handle GST compliance efficiently.
Delhi GST authorities uncover massive ₹645 crore fake input tax credit scheme, arrest key operator. Learn how the sophisticated fraud was detected and prevented.