goods and services tax

GST Collections In March 2024 Jump 11.5% YoY To Rs 1.78 Lakh Crore; Second-Highest Collection

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The government has released GST collection data for March 2024. (Photo: Shutterstock) March 2024 sees the second-highest monthly gross GST revenue collection at Rs 1.78 lakh crore Gross GST collection in March 2024 jumped 11.5 per cent year-on-year (YoY) to Rs 1,78 lakh crore, according to an official statement released on Monday. It is the … Read more

GST revenues reveal a dissonance in consumption growth across States

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While GST revenues have been robust through April to December 2023, growing at 11.7% and averaging ₹1.66 lakh crore a month, State GST collections have grown at a sharper pace of 15.2%.  Image for representation. | Photo Credit: PTI Amid worries about weak consumer spending trends, Goods and Services Tax (GST) revenues for the first … Read more