GST collection grew 12% YoY at Rs 1.61 crore in June: Finance Ministry
This was the fourth successive month that GST revenues have been over Rs 1.6 lakh crore mark.
Read MoreThis was the fourth successive month that GST revenues have been over Rs 1.6 lakh crore mark.
Read MoreIndustry stakeholders want the government to address challenges in audits, implement a robust dispute resolution mechanism, rationalise GST rates, and promote exports by liberalising rules.
Read MoreHigh food inflation and incomplete transmission of the 250 basis point policy rate hikes since May 2022 could delay the Reserve Bank of India’s (RBI) rate cut. Transmission through loan and deposit rates varied between 111 and 245 bps until…
Read MoreIndia is rapidly narrowing the gap with China and Vietnam in mobile phone exports. In FY24, while mobile phone exports from China and Vietnam declined by 2.78% and 17.6% respectively, Indian exports surged by 40.5%, according to officials citing global…
Read MoreIndia GST Collection Budget 2024 | Finance Minister Nirmala Sitharaman is set to incorporate robust Goods and Services Tax (GST) collections, hitting Rs 2.1 lakh crore in April 2024, into Union Budget 2024. With May’s collections at Rs 1.73 lakh…
Read MoreActivity in India’s manufacturing sector rebounded last month with an increase in output driven by robust demand, leading to the fastest rate of hiring in over 19 years despite ongoing inflationary pressures, according to a survey.
Read More