New Delhi, June 1 (IANS) India’s consumption and economic activity, because of strong domestic demand momentum, remained robust in early period of FY27, with goods taxable supply rising 27 per cent and services expanding 22.2 per cent in April, according to government sources on Monday.Taxable supply across goods sectors grew 26.9 per cent year-on-year to Rs 40.10 lakh crore in April 2026 from Rs 31.61 lakh crore a year ago, with all 27 commodity groups registering positive growth, according t…
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New Delhi, Jan 1 (IANS) Despite the steep cut in GST rates, a growth of over 6 per cent in gross monthly collection in December is encouraging, industry experts said on Thursday.India’s GST (goods and services tax) collection recorded a 6.1 per cent increase to Rs 1,74,550 crore in December 2025 compared to Rs 1,64,556 crore the same month of the previous year, reflecting the increase in economic activity during the month.“If this momentum continues for the remaining months of this fiscal, t…
Thiruvananthapuram, Dec 24 (IANS) Kerala Chief Minister Pinarayi Vijayan has accused the central government of deliberately restricting the state’s financial autonomy and undermining its development initiatives.Vijayan was speaking to reporters here on Wednesday. He pointed out that Kerala’s efforts for capital expenditure have faced sustained obstruction over the past five years, with the most significant measure being the retrospective reduction of the state’s borrowing limit from 2021-22 …