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Gst Collection News

Punjab’s first-quarter GST collection logs 24% jump

The Punjab finance minister attributed this growth to sustained economic activity, improved tax compliance and ongoing administrative reforms within the excise and taxation department. (HT)

Updated 12 days ago

Punjab logs highest-ever GST collection in April, posts sharp y-o-y growth

Punjab Finance Minister Harpal Singh Cheema addresses a press briefing in Chandigarh.

Published 70 days ago

Cash-strapped Punjab to seek over ₹12,000 crore from RBI

Financial challenges continue to mount as the state recently saw floods that wreaked across several districts. Later, rationalisation of GST rates dampened growth in collection, according to the finance minister.

Published 191 days ago

Punjab’s net GST collection rises 21.5% up to October: Harpal Cheema

Punjab’s 21.5% growth rate in GST collection is well above the national average of 7%, placing the state among the top performers in north India. (HT File)

Published 253 days ago

New GST rates: Full list of items under new tax slabs

Items that have been included in the 0% GST bracket are stationery items, including exercise books, notebooks, erasers, pencils, sharpeners, crayons and more.

Published 295 days ago

'GST reforms not dictated by external factors': Ashwini Vaishnaw amid US tariffs

On September 3, following a meeting of the GST Council, the government announced a sweeping overhaul of the tax regime, with most goods and services now charged at the rates of 5% and 18%.

Updated 310 days ago

Haryana secures fifth position in GST collection in 2024-25: Saini

Haryana chief minister Nayab Singh Saini on Saturday said that despite its relatively smaller population and size, Haryana has emerged as one of the leading tax-collecting states in the country.

Published 310 days ago

Demand spike likely to help meet targets after new GST rates take effect: FM

Union finance minister Nirmala Sitharaman (PTI)

Updated 311 days ago

Benefit of lower GST will be passed on to consumers: Piyush Goyal

The existing four-tier structure of 5%, 12%, 18% and 28% has been replaced with a simplified two-rate model of 5% and 18%. (PTI photo)

Published 312 days ago

No GST on health insurance soon: Who will benefit? All you need to know

An individual looking to buy a policy after September 22 will be exempted from paying GST.

Published 312 days ago

Milk, AC, life insurance and others to become cheaper from Sept 22 | Details

GST on common items of daily use, such as hair oil, toilet soap bars, shampoos, toothbrushes, and toothpaste have been reduced 18% or 12% to 5%

Published 313 days ago

'Next-gen GST' to roll out from Sept 22: Key takeaways from govt's tax overhaul

A landmark decision also exempts all individual life and health insurance policies from GST.

Updated 313 days ago

Sensex, Nifty jump 1% each as GST reforms lifts insurance, FMCG, auto stocks

A screen displaying the Sensex is pictured at the Bombay Stock Exchange (BSE) building in Mumbai

Updated 313 days ago

GST council approves 2-slab structure: What gets cheaper, what gets costlier

Union Finance Minister Nirmala Sitharaman addresses the media regarding the 56th GST Council meeting, in New Delhi, Wednesday, Sept. 3, 2025.

Updated 313 days ago

New GST rates: List of key items shared by government on tax cut

A new 40% slab has also been introduced for luxury and "sin" goods under the new GST tax rules.

Updated 314 days ago

UP’s GST collection rebounds in July, but overall FY growth in red

The state tax department even launched a statewide campaign to identify possible causes, which are yet to be identified. (Pic for representation)

Published 342 days ago

Sensex and Nifty surge on optimism over US trade deal

India's manufacturing sector growth rose to a 14-month high of 58.4 in June.

Published 377 days ago

Chandigarh: June GST collection sees 2% decline compared to last year

In March, the collection rose by 1%, reaching <span class='webrupee'>₹</span>241 crore, while February saw a 12% rise at <span class='webrupee'>₹</span>236 crore. However, this follows a brief decline in December 2024, where GST collections dropped by 20%. (PTI)

Published 377 days ago

Punjab’s GST mop-up rises 19.77% to record ₹2,654 cr in April: Cheema

Cheema said that this robust growth underscores the increasing compliance among taxpayers. (HT File)

Published 436 days ago

State govt’s revenue in FY24-25 is ₹20,000 crore lower than estimated

The shortfall is almost 6% of the targeted revenue of <span class='webrupee'>₹</span>3,67,467 crore as per the revised estimates announced on March 10, when state finance minister Ajit Pawar presented the budget. (PTI)

Published 464 days ago

Chandigarh’s GST collection up by 1% in March

Collected <span class='webrupee'>₹</span> 241 crore in comparison to <span class='webrupee'>₹</span> 238 crore mopped up during the same month in 2024. (PTI)

Published 467 days ago

Punjab’s tax revenue up due to govt efforts: Harpal Singh Cheema

Punjab finance minister Harpal Singh Cheema said this fiscal year has seen a continuation of the previous years’ trend, with a 13.4% growth rate in net GST, 14.4% rise in excise, 5.10% climb in VAT, 17% increase in CST, and 13.65% rise in PSDT up to February when compared to the same period in FY 2023-24 (HT File)

Published 498 days ago

Chandigarh’s GST collection up by 12% in February

After witnessing a decline in December 2024, the GST collection in January saw an increase of 8% compared to the revenue generated during the corresponding period in 2024. (Getty Images/iStockphoto)

Published 499 days ago

Punjab records 11.87% growth in GST, higher than national average

Punjab has achieved 11.87% growth in net Goods and Services Tax (GST) collection up to January in the current financial year, compared to 2023-24.

Published 526 days ago

Punjab GST mop-up surged in 3rd quarter after poor first half

The total collection during the April-December period of 2024-25 stood at <span class='webrupee'>₹</span>17,318.21 crore, up 11.98% from <span class='webrupee'>₹</span>15,464.79 crore in the same months of the previous fiscal, according to data of key fiscal indicators.

Updated 536 days ago

Centre betrays Karnataka by meagre allocation of funds: CM Siddaramaiah

Karnataka Chief Minister Siddaramaiah.

Updated 547 days ago

GST filing deadline extension under consideration after online portal's outage

The GSTN added that the portal can be expected to be operational by 12:00 noon and that the CBIC is being sent an incident report to consider extension in filing date.

Updated 550 days ago

Chandigarh’s GST collection grew 20% in November

In July, Chandigarh recorded an increase of 8% against the gross levy collected during the corresponding period in 2023. The collection for July stood at <span class='webrupee'>₹</span>233 crore, <span class='webrupee'>₹</span>16 crore more than <span class='webrupee'>₹</span>217 crore collected in 2023. Even in May, the collection grew by 6%, going up from <span class='webrupee'>₹</span>168 crore in 2023 to <span class='webrupee'>₹</span>178 crore in 2024. (HT Photo)

Updated 588 days ago

Punjab’s GST growth slows down to 4-year low at 5.97%

GST collection has slowed to a four-year low in the first half of the financial year 2024-25. (HT File)

Updated 635 days ago

Chandigarh’s GST collection drops 10% in Sept

In August, the city saw an increase of 27% in GST revenue compared to the corresponding period in 2023. (HT Photo)

Updated 649 days ago

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