Experts said the slowdown is largely seasonal rather than indicative of any structural slowdown and that supply chain activity across the country remains resilient.
3 min read10 Mar 2026The government has maintained that GST rate cuts announced in September last year would boost demand for goods and services and, over time, support higher tax collections.
2 min read1 Mar 2026The 2026 Budget reflects a fiscal hangover following 2025’s aggressive tax cuts. With nominal GDP growth projected at a modest 10% and GST revenues shrinking, the government faces a tightening fiscal squeeze. Debt reduction is off to a slow start.
5 min read2 Feb 2026For the sake of fair comparison, December’s gross GST collection figures without compensation cess proceeds are compared with the same from the year-ago period.
2 min read1 Jan 2026The increase in the movement of goods suggests GST revenue collection could get a boost in December after a modest 0.7% improvement in November to ₹1.7 trillion.
2 min read11 Dec 2025In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.
4 min read6 Dec 2025The November GST revenue growth of 0.7%—the year's slowest—before adjusting for tax refunds, also bears the brunt of the 25% additional tariff the US imposed on India from 27 August.
3 min read1 Dec 2025The Goods and Services Tax (GST) collections witnessed a 4.6% year-on-year (YoY) growth to ₹1.96 trillion in October 2025, despite the tax cuts rolled out by the central government's GST Council in September.
2 min read1 Nov 2025After refunds, net GST collections were ₹1.6 trillion, up 5%. The growth reflects resilience in India's domestic economy despite anticipated sales slowdowns ahead of GST rate changes.
2 min read1 Oct 2025Indian taxpayers will see a new GST 2.0 structure with two primary slabs of 5% and 18%. Ultra-luxury items will be taxed at 40%, while tobacco remains at 28%. PM Modi highlighted the reforms as crucial for economic growth and urged support for indigenous products.
3 min read22 Sep 2025