Experts said the subdued trend in GST receipts coincides with the economic downturnFinMin said that ₹27,955 crore has been released to states as GST compensation for the months of June and July, 2019
1 min read1 Sep 2019The gross GST collection in August, 2019 stood at ₹98,202 crore, up 4.51% compared to ₹93,960 crore in the same month last yearThe GST collection, although higher on year-on-year basis, is still lower than government's expectations of ₹1 trillion
2 min read1 Sep 2019GST collected in August was lower than ₹96,483 crore in July and ₹95,610 crore in June, according to the finance ministry
1 min read2 Sep 2018GST collections in August stood at Rs90,669 crore, 3.6% less than the taxes collected in July, as businesses attempted to settle down in the new system despite technology hiccups
2 min read27 Sep 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared