Day: April 3, 2024
Increased GST revenues provide an opportunity to focus its reform.
The fiscal year 2023-24 finished with strong revenue growth. By mid-March, net direct tax collections increased by 19.9%, meeting 97% of the revised Budget projections. The Goods and Services Tax (GST) generated a significant ₹20.18 lakh crore. In March, gross GST receipts for February transactions reached ₹1.78 lakh crore, marking the second highest total since … Read more
