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Direct tax collections jump 16% in April-November period

Monday, December 10, 2018, 7:21 PM

In a boost to government, direct tax collections during April-November period are up nearly 16% as against the corresponding period of last year. The provisional figures are at Rs.6.75L crore which is 15.7% higher than gross collections for the preceding period, the government data showed. The net collections (after adjusting for refunds) have surged by 14.7% to Rs.5.51L crore during the period.
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Revenue from GST falls to Rs 93,960 crore in August, lowest in FY19

Sunday, September 2, 2018, 7:50 AM

Revenue collection from GST declined to Rs.93,960-crore in August from Rs.96,483-crore last month, the lowest in the current FY 2018-19, data released by the finance ministry showed. A probable postponement of the sale of items for which tax rate was reduced by the council in its July meeting, as well as seasonal factors, are the main reasons for the slight dip, the ministry said.
 
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Telangana registers highest growth rate in tax collection

Tuesday, June 26, 2018, 8:17 AM

Telangana has topped the country in growth in the state's own tax revenue (OTR) collection, according a report released by the Comptroller and Auditor General of India (CAG). The CAG released the figures for the financial years from June 2014 to May 2018. Data showed the average growth rate in OTR in the state was 17.2 percent, the highest nationwide.

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