A recent SBI Research report shows that five states—Uttar Pradesh, Maharashtra, Gujarat, Tamil Nadu, and Karnataka—together account for nearly 50% of all active GST taxpayers in India, eight years after GST implementation. UP Leads the Pack Uttar Pradesh tops the list with 13.2% of active GST

The central government is reportedly considering a reduction in the tax revenue share allocated to states, starting from the fiscal year 2026-27. This proposal, if implemented, could have far-reaching implications for state finances and their ability to fund various developmental projects. Proposed Changes in Tax Revenue Distribution Currently, states receive 42% of the