By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: GST collection in Karnataka grows by 11.6%
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » GST collection in Karnataka grows by 11.6%

India News

GST collection in Karnataka grows by 11.6%

India Times Now Desk
Last updated: April 1, 2026 5:47 pm
India Times Now Desk
Published: April 1, 2026
Share
SHARE


Of the total collection of ₹1.58 lakh crore, ₹40,621 crore was CGST, ₹50,245 crore was SGST, and ₹67,351 crore was IGST.

Of the total collection of ₹1.58 lakh crore, ₹40,621 crore was CGST, ₹50,245 crore was SGST, and ₹67,351 crore was IGST.

In a year where the GST rate rationalisation threw up a huge challenge for the State to mop up resources, Karnataka received ₹87,256 crore as part of the SGST, and the SGST portion of the IGST settlement during 2025-2026, about 5% more than 2024-2025 when the settlement was ₹82,808 crore.

Data shared by the Commercial Tax Department shows that a total of ₹1.58 lakh crore was collected as GST in the State, a growth of 11.6% over the collection in 2024-2025. Collection in Karnataka is the second highest in the country after Maharashtra where the GST collection stood at ₹3.61 lakh crore during 2025-2026.

Of the total collection of ₹1.58 lakh crore, ₹40,621 crore was CGST, ₹50,245 crore was SGST, and ₹67,351 crore was IGST.

The State government had estimated the revenue loss at about ₹10,000 crore owing to GST rate rationalisation in 2025-2026, and is estimating a revenue loss of about ₹15,000 crore in 2026-27.

Published – April 01, 2026 11:11 pm IST



Source link

Days after hosting Taliban Foreign Minister, India says ‘fully committed’ to Afghan ‘sovereignty and territorial integrity’
Karnataka draws up plan to supply 2.5 tmcft of Cauvery water from Kollegal to Bengaluru’s industrial areas
KSRTC warns employees against joining indefinite strike from May 20
Salman Khan’s brother-in-law Aayush Sharma gets threat email
GBA Chief Commissioner directs officials to start Russell Market redevelopment work
TAGGED:BengaluruGST collectionkarnatakakarnataka's GST revenue
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

MAHE-SMI design & FinTech Conference: PFRDA chairperson outlines AI roadmap to redesign NPS onboarding

India Times Now Desk
India Times Now Desk
July 17, 2026
Jharkhand CM Soren urges PM Modi to reconsider mining bill, flags impact on State’s finances
Man held for cheating property owners of ₹10 crore in loan fraud
Where a government school meets private aspirations
‘National interest’ will guide BNP on Ganga Water Treaty renewal: BNP chair’s foreign affairs adviser
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?