Data: Compared to 2019, GST Collection fell by more than 25% during March to June 2020 in 27 States/UTs
COVID-19’s impact on economy is now well known. GST collection numbers from March to June…
Browsing: tax
Data: Till date, four states received about 42% of the total GST Compensation released by the Central Government
The recent remarks of the finance secretary that the central government may not be able…
Explainer: What is the National Anti-Profiteering Authority and what has it done so far?
The National Anti-Profiteering Authority was set up to ensure that the benefits of GST rate…
Data: What is the status of State’s Own Tax Revenue (SOTR) of various states?
A major part of state government’s budgetary resources come from State’s Own Tax Revenue (SOTR).…
For 2018-19, data suggests a shortfall of 7.5% in SOTR compared to estimates
In addition to devolution of central tax revenue and grants-in-aid, states generate a major share…
Fact-Check: Is India exporting more Medical Equipment & importing less?
During her budget speech for 2020-21, the finance minister made multiple claims related to reduced…
What did the 15th Finance Commission recommend for 2020-21?
The 15th Finance Commission submitted an interim report with its recommendations for devolution of the…
Fact Check: How true is Congress party’s claim regarding shortfall in Government earnings
Recently, Congress Party has claimed that there is a shortfall in government earnings in 2018-19…
Amidst fears of a slowdown in the Economy, Tax Revenues of many States shrink in the first four months of 2019-20
For the first time in last 5 years, the tax revenue earned in the first…
Of the Unrealized Tax Revenue, the proportion of ‘Amounts under Dispute’ increases to 84%
Along with the tax revenue realized by the government, substantial amounts of tax revenue remain…
