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Chandigarh logs 27% rise in GST collection in August

The rise in collections in Chandigarh was attributed to enhanced compliance measures, including scrutinies, inspections and audits, said an official of the excise and taxation department

The Chandigarh administration had announced a GST collection of <span class='webrupee'>₹</span>178 crore for May this year, marking a 6% increase from <span class='webrupee'>₹</span>168 crore last year. (HT Photo)

cities

Updated on Sep 02, 2024 08:36 AM IST

ByHT Correspondent, Chandigarh

Punjab sees 15% jump in tax revenue despite sluggish GST

Punjab’s tax revenue stood at ₹17,977 cr in April-June quarter as against ₹15,673 cr during the corresponding period last year

The Punjab government registered an increase of 15% year-on-year (YoY) in its tax revenue in the first quarter (April-June) of the financial year 2024-25

cities

Updated on Jul 22, 2024 06:38 AM IST

ByNavneet Sharma

GST collection rises 8% to ₹1.74 lakh crore in June

The collection in June is higher than the ₹1.73 lakh crore collected in May 2024. It is 8 per cent higher than ₹1.61 lakh crore mopped up in June 2023.

The Integrated GST (IGST) worth <span class='webrupee'>₹</span>39,586 crore was settled towards Central GST (CGST) and <span class='webrupee'>₹</span>33,548 crore towards State GST (SGST).

business

Published on Jul 02, 2024 11:43 AM IST

PTI |

Haryana contributed 3.7% to India’s GDP, 6% to GST collections in 2023-24: Dalal

Haryana finance minister Jai Prakash Dalal, who was in Delhi to attend a pre-budget meeting held under the chairmanship of Union finance minister Nirmala Sitharaman, said the Haryana government has taken several steps to enhance social security within the state

Haryana finance minister Jai Prakash Dalal said the amount under the “Old Age Samman Allowance” scheme and other social security pensions have been increased to <span class='webrupee'>₹</span>3,000 per month, which is the highest in the country. (Twitter)

cities

Updated on Jun 23, 2024 07:44 AM IST

ByHT Correspondent, Chandigarh

Chandigarh logs 23% growth in April GST collection

According to the Union ministry of finance, the collection for April this year stood at ₹313 crore, ₹58 crore more than ₹255 crore received during the same month in 2023

The collection for March this year stood at <span class='webrupee'>₹</span>238 crore, <span class='webrupee'>₹</span>36 crore more than the <span class='webrupee'>₹</span>202-crore mop-up during the same month in 2023. (iStock)

cities

Updated on May 02, 2024 08:30 AM IST

ByHT Correspondent, Chandigarh

GST revenue collection for April 2024 highest ever at ₹2.1 lakh crore

The Gross Goods and Services Tax (GST) collections surged to a record high of ₹2.10 lakh crore in April month.

The Gross Goods and Services Tax (GST) collections surged to a record high of <span class='webrupee'>₹</span>2.10 lakh crore in April month.

business

Published on May 01, 2024 12:54 PM IST

ANI |

Chandigarh’s GST collection logs 18% growth in March

Chandigarh netted ₹238 crore last month whereas the collection stood at ₹202 crore during same period in 2023

The ministry did not share details of the tax collected during January this year. (HT File Photo)

cities

Updated on Apr 02, 2024 09:26 AM IST

ByHT Correspondent, Chandigarh

Budget 2024: Five things the education sector is expecting

Finance Minister Nirmala Sitharaman is all set to present the interim budget 2024.

education

Published on Feb 01, 2024 10:44 AM IST

ByHT Education Desk, New Delhi

GST collections soar by 10 per cent to ₹1.72 lakh crore in January: Govt

The government has settled ₹43,552 crore to CGST and ₹37,257 crore to SGST from the IGST collection, the ministry statement added.

It is the second highest monthly collection ever and marks the third month in this financial year with collection of <span class='webrupee'>₹</span>1.70 lakh crore or more

business

Updated on Jan 31, 2024 08:05 PM IST

ByHT News Desk

UT witnesses growth of 29% in GST collection in Dec

According to the ministry of finance, the collection for December 2023 stood at ₹281 crore, ₹63 crore more than ₹218 crore collected during the same month in 2022

The collection for October stood at <span class='webrupee'>₹</span>389 crore, <span class='webrupee'>₹</span>38 crore more than <span class='webrupee'>₹</span>351 crore collected during the same month in 2022. (iStock)

cities

Updated on Jan 02, 2024 07:18 AM IST

ByHT Correspondent, Chandigarh

Chandigarh’s GST collection in October rises by 11%

According to the Union ministry of finance, Chandigarh’s GST collection for October stood at ₹389 crore, ₹38 crore more than the ₹351 crore collected during the same month in 2022

In September, Chandigarh witnessed a growth of just 6%, which was <span class='webrupee'>₹</span>219 crore, compared to <span class='webrupee'>₹</span>206 crore in the same month in 2022. (Getty image)

cities

Updated on Nov 02, 2023 08:56 AM IST

ByHT Correspondent, Mohali

Chandigarh GST collection in September up by 6%

According to the Union ministry of finance, Chandigarh’s collection for September stood at ₹219 crore, ₹13 crore more than ₹206 crore collected during the same month in 2022

In August, Chandigarh had also witnessed a similar growth of 7%, up from <span class='webrupee'>₹</span>179 crore last year to <span class='webrupee'>₹</span>192 crore in 2023. (PTI)

cities

Updated on Oct 02, 2023 08:42 AM IST

ByHT Correspondent, Chandigarh

At ₹1,713 cr, Punjab’s GST collection sees a spike of 31%

In the first five-month (April-August) period, the GST revenues are 28.20% higher this year than the collection during the same period last year, rising to ₹8,524.17 crore from ₹6,648.49 crore

cities

Updated on Sep 05, 2023 12:35 AM IST

ByNavneet Sharma, Chandigarh

18% GST collection in state in 4 months; highest in India

Maharashtra's Goods and Services Tax (GST) collection has grown steadily by 18% from April to July this year, outpacing the national growth rate of 11-12%. The state's revenue stood at INR 33,196 crore ($4.6 billion) in April, dropped in May, but rose again in June and July. The growth is attributed to the strong performance of the services and manufacturing sectors, as well as efforts by the central government to curb tax evasion. Maharashtra's GST collection in 2022-23 was INR 2,70,346 crore, accounting for 15% of the country's total collection.

cities

Updated on Aug 18, 2023 12:52 AM IST

BySurendra P Gangan

Punjab AAP opposes 12% GST on hostel fee in central varsities

Condemning the decision, the AAP accused the National Democratic Alliance (NDA) government at the Centre of obstructing the education of poor students.

The Aam Aadmi Party (AAP) has strongly opposed the central government’s decision to impose a 12% goods and services tax (GST) on hostel fees of central universities.

cities

Updated on Aug 03, 2023 02:04 AM IST

ByHT Correspondent

GST collections cross ₹1.6-lakh cr mark for 5th time with ₹1.65L crore in July

The revenue figures for the month of July 2023 are 11% higher than the GST revenues in the same month last year, the finance ministry said

business

Updated on Aug 02, 2023 01:12 AM IST

ByRajeev Jayaswal

28% GST on online gaming will impact start ups in India: Karnataka IT minister

Priyank Kharge also expressed that the GST council should have made a mindful decision regarding the taxation on online gaming industry

cities

Published on Jul 13, 2023 01:03 PM IST

ByPathi Venkata Thadhagath

Daily brief: SC to hear Andhra’s appeal against scrapping 3 capital plan in Dec

Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times.

india news

Published on Jul 11, 2023 08:52 PM IST

ByHT News Desk

Chandigarh sees 34% jump in GST collection for June

As per the details shared by the Union ministry of finance, Chandigarh’s GST collection for June stood at ₹227.06 crore, which is ₹57.36 crore more than ₹169.7 crore collected during the same month in 2022

June witnessed an increase of 34% in the city against the gross levy collected during the corresponding period last year in Chandigarh. (HT Files)

cities

Updated on Jul 02, 2023 01:01 AM IST

ByHT Correspondent, Chandigarh

Chandigarh sees 55% jump in GST collection in May, nets ₹259 crore

According to the Union finance ministry, the GST collection for May stood at ₹259 crore, ₹92 crore more than the ₹167 crore collected in May 2022

Chandigarh had collected just <span class='webrupee'>₹</span>130 crore as GST in May 2021. (iStock)

cities

Updated on Jun 02, 2023 01:51 AM IST

ByHT Correspondent, Chandigarh

Money matters: Himachal’s GST collection sees 13% rise in 2 months

The department has collected ₹1,004 cr till May 31, in comparison to ₹890 cr collected in this period last year

The department has set its sights on verifying 13 lakh e-way bills throughout the current financial year.

cities

Updated on Jun 01, 2023 10:26 PM IST

ByHT Correspondent, Shimla

GST collection rises 12% to ₹1.57 lakh crore in May: Finance Ministry

During the month, revenue from import of goods was 12 per cent higher.

Goods and Services Tax (GST) collection in May last year was about <span class='webrupee'>₹</span>1.41 lakh crore.(HT File Photo)

business

Updated on Jun 01, 2023 05:54 PM IST

PTI | | Posted by Sreelakshmi B

Go First crisis to highest GST collection: Top five business news of the week

Here are this week's top business stories including the First Republic bank collapse, the Go First crisis and the highest ever monthly GST collection so far.

business

Published on May 07, 2023 08:27 PM IST

ByYagya Sharma

Chandigarh logs mere 2% jump in GST collection in April

According to the ministry of finance, the collection for April stood at ₹255 crore which is ₹6 crore more than ₹249 crore collected during the same month last year

Chandigarh had recorded a jump of 10.09% in the GST collection in March. The revenue collection settled at <span class='webrupee'>₹</span>202 crore, which was <span class='webrupee'>₹</span>18 crore more than <span class='webrupee'>₹</span>184 crore collected during the same month in 2022. (Getty images)

cities

Updated on May 02, 2023 03:00 AM IST

ByHT Correspondent, Chandigarh

GST collection hits highest-ever monthly record in April to ₹1.87 lakh crore

The gross GST revenue collected in April is ₹1,87,035 crore of which CGST is ₹38,440 crore, SGST is ₹47,412 crore, IGST is ₹89,158 crore.

GST collection highest in April 2023.(MINT_PRINT)

business

Published on May 01, 2023 06:40 PM IST

PTI | | Posted by Singh Rahul Sunilkumar

Punjab cleared entire power subsidy bill of ₹20,200 cr: Mann

Addressing the media, the CM said the AAP government’s strenuous efforts have transformed Punjab from a “fiscal deficit” to a “fiscal profit” state, by registering a revenue of ₹8,841 crore for the financial year 2022-23, up by 41.41% from the revenue generated in FY 2021-22.

Punjab chief minister Bhagwant Mann (HT)

india news

Updated on Apr 07, 2023 11:58 PM IST

ByHT Correspondent

State’s finances back on track: Punjab CM Mann

Says Punjab has transformed from a ‘fiscal deficit’ to ‘fiscal profit’ state by massive generation of revenue

Chief minister Bhagwant Mann said that due to strenuous efforts of the Aam Aadmi Party (AAP) government, Punjab has been transformed from a ‘fiscal deficit’ to ‘fiscal profit’ state by massive generation of revenue. (HT Photo)

cities

Updated on Apr 08, 2023 12:45 AM IST

ByHT Correspondent, Chandigarh

GST collection set to exceed ₹18 lakh crore this financial year

GST collections in the first 11 months of FY23 have already touched ₹16.46 lakh crore, a robust 22.7% year-on-year growth.

The revenues in the current financial year up to January 2023 are 24 per cent higher than the GST revenues during the same period last year. (File)

india news

Published on Mar 30, 2023 11:40 PM IST

ByRajeev Jayaswal, Roshan Kishore, New Delhi

GST collections up 26% to over ₹1.47 lakh crore in September

The gross GST revenue collected in the month of September 2022 is ₹1,47,686 crore.

GST revenue for the month of September is 26% higher than that reported in the same month a year ago. (iStockphoto) (MINT_PRINT)

business

Published on Oct 01, 2022 02:44 PM IST

PTI | | Posted by Lingamgunta Nirmitha Rao

The significance of ₹1.68 lakh crore

GST collection hit an all-time high in April. But the economy is not out of the woods, yet

To be sure, the April 2022 GST collection shows a 20% year on year growth over the April 2021 number. (Mint)

editorials

Updated on May 03, 2022 09:41 PM IST

ByHT Editorial

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