IndiaTaxSystem Archives

02May 2025

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#BusinessActivityIndia #BusinessConfidence #BusinessGrowthIndia #ConsumptionBoost #EconomicGrowthIndia #EconomicIndicators #EconomicMomentum #EconomicRecoveryIndia #FinanceMinistryIndia #FinancialNewsIndia #FinancialPerformance #FiscalHealthIndia #FiscalStrength #GovernmentRevenue #GST2025 #GSTAnalysis #GSTAndGrowth #GSTCollection #GSTFigures #GSTMilestone #GSTPerformance #GSTReceipts #GSTReforms #GSTReport #GSTRevenue #GSTSuccess #GSTTargetAchieved #GSTTrends #GSTUpdate #IndiaBusinessNews #IndiaEconomicNews #IndianBudgetIndicators #IndianMarketGrowth #IndirectTax #MarketResilience #MonthlyGSTUpdate #PolicyImpactIndia #RecordGSTIndia #RevenueCollection #RevenueGrowth #RevenueMilestone #TaxationNews #TaxCollectionIndia #TaxPolicyIndia #TaxRevenueIndia #TaxSystemIndia GSTCompliance GSTSurge IndianEconomy IndiaTaxSystem
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GST Collections Reach Record ₹2.37 Lakh Crore

GST Collections Reach Record ₹2.37 Lakh Crore Why in the News ? In April 2025, Goods and Services Tax (GST) collections hit a record ₹2.37 lakh crore, up 12.6% YoY, signalling strong economic activity and effective year-end reconciliation by businesses. Net GST collections crossed ₹2.09 lakh crore post-refunds. Record-High GST Collections: April 2025 GST collection: …

27Sep 2024

UGI USER
CessImpact ExcessiveCess FiscalPolicy IndianEconomy IndianStates IndiaTaxSystem RevenueShare StateDevelopment StateFinances
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Excessive Cess Usage Reduces States’ Revenue Share

Why in the news? The Union government’s increasing use of cess, reducing the share of divisible taxes to states, has sparked concerns over federalism and financial fairness for state governments. Cess as a Tool to Centralise Revenue: Cess is a specific tax imposed for a designated purpose but not shared with state governments. The Modi …

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GST Collections Reach Record ₹2.37 Lakh Crore

Excessive Cess Usage Reduces States’ Revenue Share