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.
Prime Minister Narendra Modi announced 12 major decisions taken by his government for the Micro, Small and Medium Enterprises (MSMEs) at the launch event of the Union Government’s Support and Outreach Initiative on Friday, 2 November.
The jump from 130 two years ago to 100 last year and now to 77 bears a strong testimony to the efforts taken by the government to create a very conducive business environment.
This was a marked improvement over the September GST collection (for August) which stood at Rs 94,442 crore.
Tharoor said 'like most Hindus, it would be wonderful to have a temple where Ram was born, but no good Hindu would want that at the expense of the demolition of someone else’s place of worship'.
Our economy is the fastest growing in the world but at the same time our currency is in a tailspin, our corporates are going belly up and we are facing an employment crisis.
