However, a quick analysis shows the growth in GST mop-up shows fatigue. In July 2024, the gross collection increased 10.3% to ₹1.82 lakh crore, while in August 2023, it had risen by 11% to ₹1.59 lakh crore.
The slowdown in net collection was even more prominent with August mop-up rising a mere 6.5% to ₹1.50 lakh crore.
This is on account of a 38% rise in refunds. In July, the net GST collection was up 14.14%.
Bu hikaye The Morning Standard dergisinin September 02, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Morning Standard dergisinin September 02, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
'I Know How to Play Real Characters'
Jennifer Lopez speaks to Katie Ellis on how Unstoppable made her realise that she can overcome anything in life
Of Our Non-violent Ancestors
Pattanaik provides a comprehensive insight into the mysterious world of the Harappan civilisation
The Corrosive Power of Pride
Pride fosters a sense of superiority that harms relationships, distorts the mind, and impedes personal and spiritual growth
Market on the Sands
The Rathgama Wella Fish Market
Stop Inane and Diversionary Debates, and Focus on What Really Matters
I am neither an economist nor a financial expert, but I feel a perfect storm is brewing in the Indian economy.
Stepping Across the Worry Lines
The Raghu Dixit Project launches a new album Shakkar as a vernacular statement about India and diversity
Every Woman's Brushstrokes
A beautiful blue and pink-hued sky surrounded by lush greenery. Within this is a tree with specks of orange and yellow, besides which is a bed where a woman is sleeping her flowing tresses falling into the foliage.
Untangled Threads He Weaves
An embroiderer who grew up poor is a celebrity in demand with collectors and artists
PROCESS TO IMPEACH MEMBERS OF THE HIGHER JUDICIARY
Impeachment is a lengthy parliamentary process to examine the alleged misconduct or incapacity by a public servant before the person is sacked.
Untangled Threads He Weaves
An embroiderer who grew up poor is a celebrity in demand with collectors and artists
