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.
India’s Goods and Services Tax (GST) collections surged by a robust 10.3 per cent to Rs 1.82 lakh crore in July compared to the same month of the previous year, according to official data released on Thursday.
Politicians can’t afford to have long memories but it was quite amusing to see Congress leaders cry hoarse over the packages given to Andhra and Bihar in the Union budget as “pakodas and jalebis” given to two states while depriving all others.
Neelam Bharti, the wife of GST Assistant Commissioner Santosh Kumar Bharti, committed suicide by hanging herself at her house in Lucknow on Saturday, the police said.
The Modi 3.0 government will present its first full budget on July 23.
These states, which account for over 90 per cent of India’s gross state domestic product, grew at 7.5 per cent last fiscal, according to the CRISIL Ratings report.
