Reaffirming Punjab’s strong fiscal performance, Finance, Excise and Taxation Minister Advocate Harpal Singh Cheema announced on Monday that the state recorded a robust 14.59 per cent growth in Goods and Services Tax (GST) collections during May 2026.
The Supreme Court on Wednesday upheld the retrospective levy of 28 per cent GST on online gaming bets, holding that the tax was constitutionally valid and did not violate the constitutional framework governing Goods and Services Tax.
The gross GST collection spiked by 8.7 per cent in April to a record of about Rs 2.43 trillion, government data showed.
The report also identifies key structural challenges constraining India's global competitiveness — fragmented state-led branding, limited global marketing outreach, lack of experience-led packaging, and ease-of-travel barriers including connectivity and visa processes.
The Delhi government moves to reset GST operations with large-scale transfers after inspection highlights discipline issues, long postings and complaints from taxpayers over delays and inefficiencies.
In a significant fiscal milestone, Haryana has ascended to the 4th position in gross GST collection nationwide, registering a collection of Rs 14,057 crore in April 2025. This achievement comes as India recorded its highest monthly GST collection of Rs 2.37 lakh crore during the same period.
The record GST collection in April showcases the resilience of the Indian economy and the effectiveness of cooperative federalism, Union Finance Minister Nirmala Sitharaman said on Thursday.
With an aim to quicken the resolution of grievances and smoothen the GST registration process, the Central Board of Indirect Taxes and Customs (CBIC) has issued instructions to the officers for the same.
Amid rising concerns and confusion among apartment residents, tax officials have clarified that the Goods and Services Tax (GST) on apartment maintenance charges is not a new rule.
West Bengal has witnessed an 11.43 per cent growth in Goods & Services Tax (GST) collection during the financial year 2024-25 over the corresponding figure achieved during the previous financial year of 2023-24, the Chief Minister Mamata Banerjee claimed on Sunday.
