2nd Highest Collection Ever | On Course To Beat Annual Target
New Delhi: Goods and services tax (GST) collections rose 16.6% to Rs 1,51,718 crore in October, the second highest monthly mop-up since the indirect tax regime was launched in mid-2017.
It was only the second time that collections crossed Rs 1.5 lakh crore with the average monthly collections this year pegged at Rs 1,49,293 crore. While revenue collections are on course to beat the annual target, the pace of expansion in October was the slowest in the current fiscal year, according to data released by the finance ministry on Tuesday.
This story is from the November 02, 2022 edition of The Times of India Mumbai.
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This story is from the November 02, 2022 edition of The Times of India Mumbai.
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