Strong Growth Continues for India’s GST Revenue
India’s gross GST collections surged by 16.4% in May, reaching over ₹2.01 lakh crore. This impressive growth follows April’s record-breaking collection of ₹2.37 lakh crore, indicating strong and consistent revenue generation. Key Figures from May’s Collections: Compared to May 2024’s mop-up of ₹1,72,739 crore, these figures represent a substantial year-on-year increase. Net GST Mop-Up and … Read more