States' revenue may grow a modest 7-9% this fiscal: CRISIL
The biggest impetus to revenue growth will come from aggregate state GST collections.
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August 2022
July 2022
June 2022
May 2022
CAG concern over reliability of data maintained by GST Network
An analysis by the apex auditor of pan-India data provided by GSTN revealed significant data inconsistencies between the taxable value and declared tax liability.
No GST on rice, pulses, wheat when sold loose: FM
The decision to tax pre-packaged and labelled food items was taken unanimously by the GST Council, says Nirmala Sitharaman
Revised GST on key food items, hospital rooms, hotels from today
GST levy to feed into inflation; move to also deal a heavy blow to India’s budget hotel industry already hit by Covid, says an expert
Revenue shock to hit state capex as GST compensation ends
With stagnated "own tax revenue", states face double whammy as GST compensation on which they continued capex push had ended and Centre's tax collection is set to dip in FY23.
GST revenue rises 56% to ₹1.44 lakh cr in June
Gross GST collection in June 2022 is second-highest next to the April 2022 collection; crosses ₹1.40-lakh-crore mark the fifth time since the start of GST
A case for greater GST autonomy to states
The need to make states fiscally more empowered can’t be overstated; SC’s recent order paves the way for discretionary space in GST to enable this, which states may rush to occupy.
May GST collection jumps 44% to ₹1,40,885 crore
This is the fourth time the monthly GST collection crossed ₹1.40 lakh crore mark since the inception of GST and the third month at a stretch since March 2022.
Govt clears entire GST compensation dues of states
The Centre says this decision has been taken despite the fact that only about ₹25,000 crore is available in the GST Compensation Fund.
GST unlikely to boost tax revenue of states: India Ratings
The data available so far does not instil confidence with respect to GST achieving or is on course to achieve its key objectives, says India Ratings & Research.
