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In May, gross revenues from domestic transactions rose 13.7 per cent to about Rs 1.50 lakh crore, while GST revenue from imports grew 25.2 per cent to Rs 51,266 crore
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Forex traders noted that GST collections surged to a record ₹2.37 lakh crore in April, indicating strong domestic demand. Additionally, upbeat sentiment was supported by a rally in domestic equities, fueled by consistent foreign fund inflows.
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This comes shortly after it was revealed that the State posted zero per cent growth in GST collections for March 2025 compared to the same month last year
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Experts have raised concerns over the stagnation, calling it a troubling indicator of an economic slowdown under the Congress-led government. They caution that it points to a broader crisis affecting key sectors of the State’s economy. Telangana recorded a revenue of ₹5,401 crore in March 2025, compared to ₹5,399 crore in March 2024 — a marginal increase that has effectively stalled the growth momentum witnessed during the BRS regime.
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Central GST collection stands at Rs 32,836 crore, State GST at Rs 40,499 crore, IGST at Rs 47,783 crore and Cess at Rs 11,471 crore
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Over the past three years, Telangana has experienced steady double-digit growth in GST collections. In 2023, the state recorded a 13% increase in April, which surged to 33% in September, highlighting a strong recovery following the pandemic.
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The surge in Telangana's emergence as a dominant economic force can be attributed to the business-friendly and pro-development policies of the Telangana government, following the State's formation
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The gross Goods and Services Tax revenue collections for May fell by 19 per cent to Rs 1,57,090 crore
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PHD Chamber had projected more than 1 percent growth rate of GDP in Q4 FY 2020-21.
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"A steep increasing trend over this period are clear indicators of rapid economic recovery post pandemic," the Ministry said.
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Hyderabad: Telangana recorded a four per cent increase in GST Collections for December 2020 to Rs 3,543 crore compared to Rs 3,420 crore during the corresponding period last year. The Gross GST revenue collected across India during December 2020 stood at Rs 1,15,174 crore, which is 12 per cent higher than the GST revenues in […]
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Collections of tax on the sale of goods and rendering of services came in at Rs 1,04,963 crore in November
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An increase in rail freight collection, higher goods and services tax mop-up, rise in power demand and improved FDI inflows indicate that the economy was doing better, said Union Minister
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Ajay Bhushan Pandey said the generation of e-way bills, needed for transportation of goods, is back to pre-Covid levels and online payments have risen exponentially