Prayagraj’s ₹106.68 cr GST collection from hotels, restaurants highest in U.P.
2 weeks, 2 days ago

Prayagraj’s ₹106.68 cr GST collection from hotels, restaurants highest in U.P.

Hindustan Times  

[email protected] For representation only Prayagraj collected the highest Goods and Services Tax of ₹106.68 crore from hotels and restaurants though the inflow of visitors was the most in Varanasi among all the districts of the state in 2022-23. Uttar Pradesh saw arrival of 31.85 crore visitors in 2022-2023 while the state government collected ₹330.79 crore as GST from hotels and restaurants in different districts in the state the same year. Varanasi, which saw arrival of 7.17 crore visitors, collected a sum of ₹11.45 lakh as GST from hotels and restaurants there. It got 2.39 crore visitors and collected GST of ₹66.29 lakh from hotels and restaurants there in 2022-2023. Mathura attracted 6.53 crore visitors and collected ₹3.50 crore as GST from hotels and restaurants.

Hotels Restaurants Crore Prayagraj Visitors Collected Gst  lakh  state  10668  highest  collection  cr  hotels  20222023  prayagrajs  gst  crore  restaurants  visitors  saw  collected

History of this topic

GST receipts’ growth rebounds to 10.3%; July kitty third-highest ever
4 months, 3 weeks ago

GST receipts’ growth rebounds to 10.3%; July kitty third-highest ever

The Hindu  

India’s Gross Goods and Services Tax collections hit their third-highest monthly level in July to cross ₹1.82 lakh crore, with revenue growth recovering to 10.3% from a three-year low of 7.6% in June. Gross revenue from domestic transactions grew 8.9% in July, easing from 9.4% recorded in June, but growth in taxes collected on imports bounced 14.2% from just 2.4% …

GST collections up 12.54% in February 2024
9 months, 3 weeks ago

GST collections up 12.54% in February 2024

The Hindu  

India’s gross revenues from the Goods and Services Tax grew at a three-month high pace of 12.54% in February to cross ₹1.68 lakh crore, marking the fourth-highest monthly collections from the tax. February’s GST revenue growth reflected the third highest uptick in 2023-24 and lifted the total collections so far this year to ₹18.4 lakh crore, 11.7% above the same …

Average monthly GST mop-up at ₹1.66 lakh crore so far this fiscal: Finance Minister Nirmala Sitharaman
1 year ago

Average monthly GST mop-up at ₹1.66 lakh crore so far this fiscal: Finance Minister Nirmala Sitharaman

The Hindu  

The Goods and Services Tax collection has been showing an upward trend on an annual basis since its roll-out on July 1, 2017, and the average gross monthly mop-up in the current fiscal so far is ₹1.66 lakh crore, Finance Minister Nirmala Sitharaman said on December 4. The average gross monthly GST collection in FY 2023-24 now stands at ₹1.66 …

GST revenues register three-month high in July
1 year, 4 months ago

GST revenues register three-month high in July

The Hindu  

India’s gross revenues from the Goods and Services Tax hit a three-month high to cross ₹1.65 lakh crore in July. Revenues from domestic transactions and services imports grew 15% in July, which marked the fifth occasion that GST revenues have crossed the ₹1.6-lakh-crore mark during a month. Overall GST Compensation Cess levies, which will continue till at least March 2026 …

Centre, states collect ₹1.65 trillion in GST revenue in July
1 year, 4 months ago

Centre, states collect ₹1.65 trillion in GST revenue in July

Live Mint  

New Delhi: Central and state governments collected ₹1.65 trillion in Goods and Services Tax revenue in July, an improvement of 11% from the year-ago period, official data showed on Tuesday. After settlement for inter-state sales, the Centre collected ₹69,558 crore and states collected ₹70,811 crore as their respective shares of GST revenue in July, the finance ministry statement said. While …

Top news of the day: June 01, 2023
1 year, 6 months ago

Top news of the day: June 01, 2023

The Hindu  

IAF trainer aircraft crashes near Chamarajanagar in Karnataka An Indian Air Force trainer aircraft Kiran crashed on the outskirts of Chamarajanagar town on June 1. Amit Shah announces judicial inquiry commission for Manipur ‘ethnic violence’, warns Kuki groups to not violate Suspension of Operations pact Terming the ongoing tension in Manipur as “ethnic violence”, Union Home Minister Amit Shah on …

GST collections rise 11.5% to cross ₹1.57 lakh crore in May 2023
1 year, 6 months ago

GST collections rise 11.5% to cross ₹1.57 lakh crore in May 2023

The Hindu  

India’s gross Goods & Services Tax collections grew 11.5% in May — the slowest uptick in six months — to cross ₹1.57 lakh crore, with revenues from domestic transactions rising 11% and imports yielding 12% more taxes than a year ago. Sequentially, May’s revenues, for transactions undertaken in April, the first month of the new financial year, were the lowest …

High GST collection reveals robustness of Indian economy
1 year, 8 months ago

High GST collection reveals robustness of Indian economy

Hindustan Times  

The government on Friday released Goods and Services tax collection data for the month of March, which has two important messages – the new indirect tax regime that was launched on July 1, 2017, has now undoubtedly matured; and the sustained buoyancy on the tax on consumption for 12 consecutive months despite global headwinds underscores the resilience of the Indian …

March GST mop-up 2nd highest ever at ₹1.6 lakh crore
1 year, 8 months ago

March GST mop-up 2nd highest ever at ₹1.6 lakh crore

Hindustan Times  

Goods and Services Tax collections crossed ₹1.60 lakh crore in March, the second-highest amount raked in over a single month since the indirect tax system was launched in 2017, in what expert said was a sign of the Indian economy’s ability to withstand global shocks caused by factors such as the war in Ukraine and tightening interest rates by central …

GST collection grows 13% to ₹1.60 lakh crore in March, second highest ever
1 year, 8 months ago

GST collection grows 13% to ₹1.60 lakh crore in March, second highest ever

Live Mint  

India's Goods and Services Tax collection rose 13 per cent to over ₹1.60 lakh crore in March, according to a statement by the finance ministry. This happened for the fourth time in the current financial year that the gross GST collection has crossed ₹1.5 lakh crore, marking the second-highest collection ever. “The gross GST revenue collected in the month of …

GST revenues grew 12.7% in January
1 year, 10 months ago

GST revenues grew 12.7% in January

The Hindu  

India’s Goods and Services Tax revenues grew 12.7% in January 2023 to hit almost ₹1.59 lakh crore, the second highest monthly collections on record, as per revised figures from the Finance Ministry. Earlier estimates of GST revenues for January had pegged collections at about ₹1.56 lakh crore till the evening of January 31 — 10.6% higher than GST receipts in …

GST collection in December goes up by 15% to reach almost 1.5 lakh crore
1 year, 11 months ago

GST collection in December goes up by 15% to reach almost 1.5 lakh crore

Op India  

Continuing with the trend of robust GST collection in the country, the gross GST revenue collected during December 2022 reached ₹1,49,507 crore, going up by 15% compared to December 2021. Gross GST collected in November 2022 was ₹145867 crore, which means collection increased by ₹3640 crore or around 2.5% in the month compared to the previous month. In the total …

For sixth month in a row, GST revenues cross ₹1.4 lakh crore mark
2 years, 3 months ago

For sixth month in a row, GST revenues cross ₹1.4 lakh crore mark

The Hindu  

India’s gross revenues from the Goods and Services Tax were ₹1,43,612 crore in August, 28% higher than a year ago. This is the sixth successive month when GST revenues have been over the ₹1.4 lakh crore mark, the Finance Ministry said, stressing that GST collections have risen 33% till August this year, compared to the same period of 2021-22, and …

GST collection in July jumps by 28% to ₹1.49 lakh crore
2 years, 4 months ago

GST collection in July jumps by 28% to ₹1.49 lakh crore

The Hindu  

Goods and Services Tax yielded ₹1,48,995 crore in revenues during the month of July, the second-highest monthly collections since the launch of the GST regime and the highest in three months. The Finance Ministry said better reporting coupled with economic recovery have had a consistently positive impact on GST revenues, which are now 35% higher during the April to July …

GST revenue collection 2022
2 years, 5 months ago

GST revenue collection 2022

The Hindu  

India recorded its second highest monthly gross GST revenues in June at ₹144,616 crore, 56% more than a year ago when the 2nd COVID wave had hit economic activity. Gross GST Compensation Cess collections hit ₹11,018 crore, including ₹1,197 crore collected on import of goods, the highest level since the introduction of GST five years ago. This is the fourth …

GST collection crosses ₹1 lakh crore mark for first time since February, totals ₹1.05 lakh crore in October
4 years, 1 month ago

GST collection crosses ₹1 lakh crore mark for first time since February, totals ₹1.05 lakh crore in October

Live Mint  

GST collections in October stood at over ₹1.05 lakh crore, crossing for the first time ₹1 lakh crore mark since February this year, the finance ministry said on Sunday. The Goods and Services Tax collections fell from the psychologically important ₹1 lakh crore mark as the lockdown imposed to contain the COVID-19 spread dented economic activity. The gross Goods and …

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