Revenue Collections News

Market

Not just lower taxes, evasion too a factor in the GST shortfall

Until December, 499 cases of fake invoices, used for claiming input tax credit worth 3,895 crore, were detected

3 min read7 Jan 2019
Market

Can govt make up for shortfall in GST revenue collections?

GST collections in the first seven months of the year were 13% below the budgeted 1.12 trillion per month average

2 min read21 Nov 2018
Market

GST will aggravate India’s huge tax litigation problem

A user-friendly GST would not only lower litigation, but also boost compliance and consequently revenue collections, which so far have been below expectations

2 min read12 Feb 2018
Politics

Indirect tax kitty swells 42% to Rs64,394 crore in April

Excise collections soared 70.7% to Rs28,252 crore in April

1 min read11 May 2016
Politics

Indirect tax collections up 4.6% in April-June

Indirect tax collections stood at about `1.13 trillion, first quarter of 2014-15 fiscal, as against `1.08 lakh a year ago

1 min read18 Jul 2014

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