gst revenues at Rs.1.85l-cr in june, up 6% from 2024
New Delhi, July 2 -- Gross Goods and Services Tax revenues in June neared Rs.1.85 lakh crore, a moderate 6.2% annualised increase because of high refunds and temporary softening of demands because of adverse geopolitical developments. The collections in the first quarter of the current financial year, however, saw a robust double-digit growth of about 12% at Rs.6,22,363 crore, reflecting an overall resilience of the economy. On the occasion of GST's eighth anniversary on July 1, Prime Minister Narendra Modi said GST stands out as a "landmark reform" that has reshaped India's economic landscape.P13...
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