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Net GST collection rises only 3.3%
July 02, 2025
|The New Indian Express Coimbatore
Slow revenue growth primarily because of subdued mop-up from domestic transactions
AFTER showing stellar rise in April and May, the GST revenue growth dropped to low single digit in June, primarily due to subdued mop-up from domestic transactions, indicating moderation in economic activities.
The gross GST revenue showed a growth of 6.2% to ₹1.85 lakh crore in June 2025 as against ₹1.74 lakh crore a year ago. Gross collections from domestic transactions—which account for 75% of the monthly collections—grew by only 4.6% during the month. Collections from imports/exports rose by 11.4%, bringing some semblance of respectability. The net GST collection during the month was even worse, growing at 3.3% to ₹1.59 lakh crore, as refunds grew by 28.5%.
هذه القصة من طبعة July 02, 2025 من The New Indian Express Coimbatore.
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المزيد من القصص من The New Indian Express Coimbatore
The New Indian Express Coimbatore
No-trust notice in, Speaker steps away from House work
PUSHING the political confrontation between the government and the Opposition to a bitter new high, the Congress-led Opposition on Tuesday submitted a notice for moving a resolution to remove Om Birla from the office of Lok Sabha Speaker, alleging he had acted in a blatantly partisan manner and 'abused' the constitutional office he occupies.
1 mins
February 11, 2026
The New Indian Express Coimbatore
JMM, Cong lock horns in Ranchi mayoral poll
Fault lines emerge
1 mins
February 11, 2026
The New Indian Express Coimbatore
Govt combating cyber crimes amid attempts to steal sensitive data: Shah
THE growing threat of cyber attacks goes far beyond financial fraud and poses a serious challenge to national security, Union Home Minister Amit Shah said on Tuesday, warning that India’s sensitive data is being stolen and sold to hostile forces.
1 min
February 11, 2026
The New Indian Express Coimbatore
No progress on seat sharing, TNCC anxious, says Chodankar; DMK calls meet on Feb 22
THE DMK, which is heading the INDIA bloc in Tamil Nadu, announced on Tuesday night that it will commence seat-sharing talks for Assembly polls with its allies on February 22.
1 min
February 11, 2026
The New Indian Express Coimbatore
Autorickshaw driver booked for ‘assaulting’ elderly couple
THE city police registered a case against an autorickshaw driver on charges of assaulting an elderly couple at Ukkadam bus stand on Monday.
1 min
February 11, 2026
The New Indian Express Coimbatore
Clashes between Nagas & Kukis on in Manipur
A fresh bout of violence rocked the Litan area of Manipur’s Ukhrul on Tuesday, prompting the state government to suspend Internet services in the Naga-majority district and parts of the adjoining Kangpokpi and Kamjong districts.
1 min
February 11, 2026
The New Indian Express Coimbatore
TAKEDOWN TIME BY SOCIAL MEDIA CUT TO 3 HRS ON A.I. ABUSE
THE Ministry of Electronics and Information Technology on Tuesday notified a new framework under which any synthetically generated information (SGI) or Al-generated content that includes sexual abuse material, non-consensual intimate images, obscene or sexually explicit content, or fake documents or electronic records will be treated as illegal.
1 min
February 11, 2026
The New Indian Express Coimbatore
No arrest yet in Kanpur Lamborghini crash case as Yogi warns of action
WHILE no arrests have yet been made in connection with the shocking Lamborghini crash that left half a dozen people injured on Kanpur’s VIP Road on Sunday, police have claimed that businessman KK Mishra’s son Shivam Mishra was behind the wheel and a chargesheet would soon be filed in the case.
1 min
February 11, 2026
The New Indian Express Coimbatore
Rare Grey Hypocolius puts Gujarat firmly on global birdwatching map
THE rare Grey Hypocolius has emerged as the biggest global draw at Gujarat’s Chhari-Dhandh wetland in Kachchh, turning the recently declared Ramsar site into a hotspot for international birdwatchers and underscoring the state government’s sustained push to protect its natural heritage.
1 min
February 11, 2026
The New Indian Express Coimbatore
Intelligence unchained in biotech
ARTIFICIAL intelligence is quietly rewriting the rules of biotechnology, shifting the grind of scientific trial-and-error from crowded laboratories to lines of code.
1 min
February 11, 2026
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