February GST collection rises 12.5% YoY to ₹1.68 lakh crore
As of February 2024, the total gross GST collection for the current fiscal stands at ₹18.40 lakh crore, up 11.7% for the same period in FY23.
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GST helped households save ₹45,000 crore per month from Dec 2017 until Mar 2023: White Paper
The average tax-GDP ratio for FY15 to FY24 RE is about 10.95%, higher than the ten-year average of 10.5% during 2005-14.
More services to taxpayers to boost compliance: CBDT Chief
CBDT Chairman Nitin Gupta said robust tax collection numbers projected in the budget are attributable to multiple factors, including higher compliance.
Interim Budget Promises Viksit Bharat Roadmap
Numbers show fiscal consolidation driven by upbeat tax collections and lower borrowings. Focus on capital expenditure and financial inclusion continues.
What gets missed in India’s growth indicators
Closer reading of numbers show claim of economic boom is misplaced
FY23 direct tax mop up rises 17.63% to ₹16.61 lakh cr
The provisional direct tax collection is higher than the revised estimate at ₹16.50 lakh crore for FY23
