'Big Data, AI aiding higher tax collection'
Sanjay Kumar Agarwal, chairman, Central Board of Indirect Taxes and Customs (CBIC), tells Fortune India what is driving the buoyancy in GST (goods and services tax) revenues.
gst revenues
February 2024
May 2023
February 2023
November 2021
October 2021
November 2020
PM Modi lauds record GST revenue, says great news for Indian economy
GST revenue collection for April stood at record level of ₹1,87,035 crore, up 12% from ₹1,67,540 collected in the same month last year.
Jan GST collection 2nd highest ever at ₹1.55 lakh cr
The GST revenue collection in the current financial year up to January 2023 is 24% higher than the GST revenues during the same period last year.
Consider 8,15, 30% as 3-tier GST rates: NIPFP
The NIPFP study concludes sequencing transition to the new GST rate structure will be important to minimise the cost associated with tax compliance, tax administration and economic distortions.
Record H1 GST sets stage for greater buoyancy, eco recovery
Gross GST revenue at ₹6,82,365 crore in H1 FY22, against ₹6,06,294 crore in the pre-pandemic period of H1 FY20
Economic recovery: India’s arduous ascent
The signs of a pick-up hold out hope, but regaining lost ground is the tough task ahead.
