Update: Govt. Tax collection - Goods & Service Tax (GST)

 

GST posts a record high in April 2024

GST collections touched Rs. 2 lakh crore in Indian  Economy for the first time since its inception in 2017. This collection of Rs. 2 lakh crore shows that the Economy is very strong and the business activity is rising with solid speed. Last year in April 2023 the GST collection were Rs. 1.87 lakh crore, GST figures are very important indicator of the true state of affairs of the country as that amount is paid by the actual business men and consumers in the country.