Page 2 - Gst Revenue

Covid won't deter us from path of speedy GST reforms: Ajay Bhushan Pandey

While not affirming new timelines for the simplified returns forms, Pandey says invoice matching is already happening at the back-end and quarterly payments are allowed for small taxpayers.

Covid-19 crisis: States divided on alternative GST compensation mechanism

While Punjab and Kerala will press the GST Council to borrow in order to compensate states, Bihar Deputy Chief Minister Sushil Kumar Modi called the idea "wishful thinking"

E-way bills in May treble from April levels; Still behind pre-March levels

This indicates that GST revenue for May, but collected in June, could recover after reporting a close to 85% shortfall in April vis-a-vis last year

States bearing the brunt of GST slowdown as revenue declines by 3.9%

The assumption of 14 per cent assured growth rate aggravates the revenue stress

Cong govts to review manifesto promises over Centre delaying GST transfers

Former Maharashtra CM Prithviraj Chavan said "resource constraints are a real challenge before the state governments", and not just those run by the Congress

Don't over-react on GST

Govt must be restrained on collection targets

GST revenue growth promised to states may be trimmed to 10-12% from FY21

The idea was discussed during the presentation given by chairman of the 15th Finance Commission (15th FC) N K Singh, in the previous GST Council meeting

Higher GST rate on mobiles, fabrics likely to boost revenue collection

The GST rate on mobile phones is 12%, whereas that on phone parts and batteries is 18%

GST compensation delay: States considering legal action against Centre

Central govt official says will release funds before end of this month

Booster dose: Govt's package for realty sector, exports likely this week

The real estate industry, which has been in the doldrums for almost four years now, has been demanding regulatory and tax changes to shore up the demand and liquidity

Developed states are showing lowest growth in GST revenue collection

SGST revenue grew by 24% for all states put together in 2018-19 year on year

With a big reform such as GST, you need to be flexible: Revenue Secretary

So we had to revise estimate downward, to show a realistic picture, said Revenue Secretary Ajay Bhushan Pandey

GST revenue shortfall drags down gross tax revenue target by Rs 23,066 cr

While GST collection showed a marked improvement in January, it may not be enough to restrict the deficit to Rs 1 trillion

Kerala GST revenue at new high of Rs 18.56 bn against Rs 11.7 bn in Sept

The state, which expects around 20 per cent growth in tax revenue per month once GST is fully implemented, has so far only seen 8.75 per cent growth this year

Ahead of GST Council meet, states flag increasing revenue shortfall

The crucial GST Council meeting, to be held in Delhi on Thursday, will be chaired by Finance Minister Arun Jaitley

Govt collects Rs 92,150 cr in GST for September

Compensation cess is Rs 7,988 cr