India’s Goods and Services Tax collections in May surpassed Rs 1.94 lakh crore, marking a 3.2% year-on-year increase. While domestic revenue saw a slight dip, robust growth in import-linked taxes fueled the overall rise. Several states reported healthy SGST collection increases, though Delhi experienced a significant decline. India’s Goods and Services Tax collections in May surpassed Rs 1.94 lakh crore, marking a 3.2% year-on-year increase. While domestic revenue saw a slight dip, robust growth in import-linked taxes fueled the overall rise. Several states reported healthy SGST collection increases, though Delhi experienced a significant decline.
Trending
- The 10 richest people in the world: Elon Musk, Larry Page and Jeff Bezos lead the global wealth race
- Abhishek Banerjee to move court over attack in West Bengal
- Nepal PM Balendra Shah’s ‘encroaching’ India remark sparks row: What is the border dispute about?
- CBSE OSM row: Education ministry begins crackdown over alleged irregularities; weighs action against officials
- UAE announces June 2026 fuel prices as petrol jumps 8% to Dh3.95 per litre, highest level in nearly 4 years
- Twisha Sharma death : CBI uses dummies to recreate crime scene; questions Giribala Singh
- NEET paper leak row: SC refuses urgent hearing of plea seeking computer-based retest
- Mount Rushmore dream: Donald Trump shares AI-generated image of himself next to celebrated US Presidents