{
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gst collection in november expected to reach second highest level

India's Goods and Services Tax (GST) collection for November 2024 is projected to exceed Rs 1.87 lakh crore, making it the second-highest monthly collection ever, driven by strong festive sales. As of now, approximately Rs 1.70 lakh crore has been collected, with pending inflows from Maharashtra and Jharkhand due to ongoing elections. While a record of Rs 2.1 lakh crore was achieved in April, surpassing the Rs 2-lakh-crore mark this month may be challenging.
Moneycontrol
Indian Rupee GST IND
Finance & Economy, Market Report
07:57 27.11.2024

GST collections reach six month high of 1.87 lakh crore in October

GST collections reached a six-month high of Rs 1.87 lakh crore in October, marking an 8.9% increase from the previous year and remaining above Rs 1.7 lakh crore for the eighth consecutive month. This rise reflects improved economic performance, particularly during the festive season, despite being lower than the April peak of Rs 2.1 lakh crore.
Moneycontrol
Indian Rupee GST IND
Finance & Economy, Market Report
10:59 01.11.2024
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