GST Collections Hit 10-Month High In March India’s gross GST collections rose to Rs 2 lakh crore in March, marking a 10-month high and showing continued strength in tax revenues at the close of FY26. The latest figures reflect an 8.8% increase from the year-ago period and a clear rebound from
Nvidia has said the revenue opportunity for its artificial intelligence chip business could reach at least $1 trillion through 2027, as the company sharpens its focus on AI inference, the fast-growing segment that powers real-time responses from AI systems. The forecast was presented by chief executive Jensen Huang at the company’s annual GTC developer conference, […]
Tata Consultancy Services (TCS) is encouraging employees to adopt artificial intelligence tools across operations, even as the technology has the potential to reduce traditional revenue streams, Chief Executive Officer K. Krithivasan said while outlining the company’s long-term strategy. TCS Encourages Employees To Adopt AI Tools Krithivasan said TCS is actively promoting
President Donald Trump has described foreign students in the United States as “good business,” even as he expressed reservations about their broader presence. He said that while he does not want unchecked numbers of international students studying in the U.S., the revenue they bring to universities should not be ignored. Comments on Higher Education During […]
Urban Company, an Indian home–services platform, recorded a 37 percent year-on-year increase in operating revenue during the September 2025 quarter, reaching approximately ₹380 crore. This growth was driven by strong performance across its India consumer-services, international operations and its “Native” branded home-products segment. Widening Losses Amid Expansion
India’s gross Goods and Services Tax (GST) collections for October 2025 reached approximately ₹1.96 lakh crore, marking a 4.6 percent year-on-year increase. The growth was notably subdued, reflecting the combined effect of recent tax-rate cuts and robust festive-season demand. Factors Influencing the Collections According to government disclosures, the improved collection
India’s Goods and Services Tax (GST) collections for September 2025 stood at ₹1.89 lakh crore, reflecting a 9.1% year-on-year growth compared to the same month last year. This is the ninth straight month when GST revenues have remained above ₹1.8 lakh crore. Drivers of Growth The growth was supported by robust domestic demand, steady imports […]
Karnataka Revenue Minister Krishna Byre Gowda has warned that the new GST 2.0 structure could cost states between ₹1 lakh crore and ₹1.5 lakh crore in lost revenue. Speaking to NDTV, he said the changes would unfairly burden state governments. Centre vs States: Who Bears the Burden? According to Gowda, the Centre is projected to […]
Rating agency Moody’s said India’s recent GST rate cuts are expected to encourage household spending and strengthen demand. The reforms introduced a two-slab structure of 5% and 18%, along with a 40% tax on luxury and sin goods. Revenue Shortfall Could Exceed Estimates The Indian government projected a revenue loss of about ₹48,000 crore due […]
The irony is too perfect. The Indian government banned online rummy, poker, and fantasy sports calling them “gambling,” thereby forfeiting nearly ₹20,000 crore in annual tax revenue. And yet, at the same time, it has embarked on its own gamble — GST 2.0 — giving up another ₹50,000–70,000 crore in revenues, all while running a […]















