India’s GST Collection Hits Record High, Surpasses Expectations in April, Signalling Robust Economic Growth
India’s Gross GST collections for April 2024 soared to an unprecedented Rs 2.10 lakh crore, marking a staggering 12.4 per cent increase compared to the previous year. · The surge in GST revenue was underpinned by a substantial uptick in both domestic transactions, witnessing a notable 13.4 per cent rise, and imports, which grew by 8.3…