Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Centre, states net record GST in April on year-end sales
Mint Mumbai
|May 02, 2025
Central and state governments collected a record ₹2.36 trillion in goods and services tax (GST) revenue before refunds in April, reflecting financial year-end spike in sales in March, showed official data.
April GST revenue collection shows a 12.6% annual increase at the gross level.
GST revenue collection tends to be strong in the first month of the financial year as companies clear their inventory to meet sales target in March.
After adjusting for tax refunds, revenue collection from the indirect tax stood at ₹2.09 trillion in April, a rise of over 9% annually. GST revenue from domestic transactions and imports grew in April by 10.7% and 20.8% respectively.
Dit verhaal komt uit de May 02, 2025-editie van Mint Mumbai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Mumbai
Mint Mumbai
Paras Defence eyes govt’s drone jammer buy
The Indian Army is set to procure sophisticated portable drone jamming technology, capable of taking down combat drones in a 3km radius, from Paras Defence and Space Technologies Ltd.
1 mins
September 23, 2025
Mint Mumbai
Warning issued on fake air-bag parts that can explode and kill in a crash
Tworecent fatal accidents Tinvolving Chinese-made air bag parts are renewing warnings from regulators over counterfeit components that can explodeduringa crash.
3 mins
September 23, 2025
Mint Mumbai
TruAlt, Matrix Geo IPOs this week
Biofuels producer TruAlt Bioenergy Ltd on Monday fixed a price band of ₹472 to ₹496 per share for its upcoming ₹839-crore initial public offering (IPO) which will open for subscription on 25 September and conclude on 29 September.
1 min
September 23, 2025
Mint Mumbai
Pfizer to buy Metsera for $4.9 bn
fizer Inc. agreed to buy the obesity startup Metsera Inc. for an enterprise value of about $4.9 billionasit secksto catch up ina booming market after terminating the development ofits own weight-loss pill for safety reasons
1 min
September 23, 2025
Mint Mumbai
Biz gets GST push as govt engages public
Price cuts tempt buyers; PM, ministers take GST gains to people
5 mins
September 23, 2025
Mint Mumbai
PhonePe’s revenue jumps, loss narrows
Digital payments company PhonePe reported revenue in excess of ₹7,000 crore and a reduction in losses for FY25, according to its filings with the ministry of corporate affairs (MCA).
1 min
September 23, 2025
Mint Mumbai
Why IPO-bound Tata Cap plans to up used vehicle loans
As it prepares to go public next month, Tata Capital Ltd plans to reduce its reliance on financing new vehicles and increase the share of advances for used automobiles to mitigate the higher cost of bad loans it inherited from Tata Motors Finance Ltd.
2 mins
September 23, 2025
Mint Mumbai
Startups, VCs rush to digitize India's mutual fund sellers
Startups are rushing to build technology for India's swelling army of mutual fund distributors (MFDs), a segment that is rising alongside the nation's roaring asset management industry.
2 mins
September 23, 2025
Mint Mumbai
Hikal to mull Amit Kalyani role amid feud
A simmering ownership dispute between Hikal Ltd’s co-promoter families, the Kalyanis and the Hiremaths, has now become a test of boardroom governance, with proxy advisory firms divided over the reappointment of Amit Kalyani, son of Bharat Forge chairman Baba Kalyani, as a non-executive nonindependent director.
1 mins
September 23, 2025
Mint Mumbai
IT's middle order takes US hit; big cos hold ground
Shares of smaller IT companies reeled on Monday despite their reassurances about the H-IB visa impact, while their large-cap peers that remain tight-lipped closed with smaller losses, signalling market belief that the latter may navigate the crisis better.
3 mins
September 23, 2025
Listen
Translate
Change font size