GST Collection Rises 12% To Rs 1.57 Lakh Crore In May

[ad_1] GST collection in May rose 12 per cent to Rs 1.57 lakh crore, the finance ministry said. New Delhi: Goods and Services Tax or GST collection in May rose 12 per cent to Rs 1.57 lakh crore, the finance ministry said today. The gross Good & Services Tax (GST) revenue collected in the month … Read more

Sensex, Nifty finish higher on foreign fund inflows; record GST collection in April – Times of India

[ad_1] MUMBAI: Equity benchmarks ended higher on Tuesday mainly due to buying in index heavyweights Infosys and Reliance Industries amid foreign fund inflows.Also, firm trend in Asian gauges and record GST collection in April added to the optimism.Rallying for the eighth straight day, the 30-share BSE Sensex climbed 242.27 points or 0.40 per cent to … Read more

Why GST Sees Highest-Ever Collection In April 2023? Experts Say This

[ad_1] After maintaining a consistent 11-13 per cent growth in the past few months, the goods and services tax (GST) in April saw the highest-ever collections of Rs 1.87 lakh crore, crossing the Rs 1.75 lakh crore mark for the first time. Experts and industry players said the all-time high indirect tax collections point to … Read more

GST Collections For April Rose 16.8% To Stand At Rs 1,87,035 Crore

[ad_1] New Delhi: The gross GST revenue for April 2023 stood at Rs 1,87,035 crore, which was 16.8 percent more than Rs 1,60,122 crore of gross GST collected for March 2023. The gross GST collection in April 2023 is also an all-time high and is Rs 19,495 crore more than the previous highest collection of Rs … Read more

GST Collection In April 2023 At Highest-Ever Level of Rs 1.87 Lakh Crore, Rises 12% YoY

[ad_1] GST Collection In April 2023 has crossed Rs 1.75 lakh crore a month mark for the first time. GST revenues from domestic transactions (including import of services) are 16 per cent higher than the revenues from these sources during the same month last year GST collections in April 2023 jumped 12 per cent YoY … Read more

At Rs 1.87 Lakh Crore, GST Collection For April 2023 Is Highest Ever

[ad_1] The GST collection in April 2023 was the highest-ever, the government said New Delhi: The goods and services tax (GST) revenue collection for April 2023 was the highest-ever at Rs 1.87 lakh crore, the government said today. Last month’s gross GST collection was more than the previous highest in April 2022 by Rs 19,495 … Read more

India’s economy signals resilience even as exports dim outlook – Times of India

[ad_1] NEW DELHI: India’s economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that’s surpassing China as the most populous nation. While the needle on a dial measuring the so-called Animal Spirits was unchanged at 5 for a third straight month, … Read more

GST Collection In March Rises To Over Rs 1.60 Lakh Crore

[ad_1] New Delhi: Recording growth, the gross GST revenue in March rose to Rs 1,60,122 crore as compared with Rs 1,49,577 crore during February this year. “The Gross GST revenue of Rs 1,60,122 crore comprise CGST of Rs 29,546 crore, SGST of Rs 37,314 crore, IGST of Rs 82,907 crore (including Rs 42,503 crore collected on … Read more