GST collection in May stands at ₹1.73 lakh crore - The Hindu BusinessLine
May GST collection at Rs 1.73 lakh crore, lower than April but higher than last year, indicating stable economic growth.
Source: thehindubusinessline.com
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India's GST Collections Soar, Cross Rs 2-Lakh Crore Mark
New Delhi: Achieving a landmark milestone in the history of collecting tax revenue, India's gross goods and services tax or GST collections hit a record high in April 2024 and crossed Rs 2-lakh crore...
Source: deccanchronicle.com
Why GST Recorded Highest-Ever Collection in April 2024?
Though the government says the strong GST numbers in April 2024 were recorded on a strong rise in domestic transactions and imports, experts says it also shows the Indian economy's fast formalisation
Source: news18.com
GST: Record GST mop-up reflects robust eco, audit efficacy; raises hope for further reforms: Experts
Tax experts hailed the record-breaking GST collection of Rs 2.10 lakh crore in April, attributing it to a robust economy and effective audit and scrutiny by the tax department. They anticipate this achievement to pave the way for further tax reforms after the formation of the new government. The surge in collection is seen as a result of higher self-compliance, better enforcement measures, and increased consumer spending on items like air conditioners and beverages to combat the summer heat.
Source: indiatimes.com
GST revenues hit record Rs 2.10 lakh crore in April on strong eco momentum, efficient tax collections | India News
India News: NEW DELHI: Goods and Services Tax collections grew 12.
Source: indiatimes.com