Tag Archives: GST data

Explained: Why the GST Collection is at an all time high

Written by Aanchal magazine, edited by Explained Desk | New Delhi | January 1, 2021 7:27:45 pm Goods and services tax (GST) collections in December (for November sales) increased 11.6 percent year-on-year to Rs 1.15.174 crore, the highest level since the implementation of the indirect tax regime in July of …

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PMI and GST data indicate sustained economic recovery

India’s manufacturing activity remained strong a month after hitting a decade high and indirect tax collection increased ₹$ 1 trillion for the second month in a row in November, indicating that the recovery process in Asia’s third-largest economy may still be underway. The deepening contraction in growth in the core …

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