GST Collections Rise Above Rs 1 Lakh Crore In June

The federal government’s items and providers tax assortment rose above Rs 1 lakh crore in June after falling under that mark within the previous month, indicating restoration in financial exercise. GST income for June, collected in July, stood at Rs 1,16,393 crore, in keeping with a press release from the Ministry of Finance. That is an nearly 25% enhance over the previous month, and 33% larger year-on-year.

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