Categories: Business

At 3.2%, GST collection growth slowest in 6 months

GST collections in May saw a modest 3.2% rise to Rs 1.94 lakh crore. While domestic revenue dipped, officials attribute this to a one-off telecom payment in the previous year, asserting underlying consumption remains robust across sectors. Import GST also surged, driven by increased demand for commodities and electronics.

The News Vista

Share
Published by
The News Vista

Recent Posts

Ex-mariner’s Mississippi rescue raises 76 orphaned raccoons for wild release

In Pass Christian, Mississippi, a wildlife center dedicates its efforts to training orphaned raccoon kits…

50 minutes ago

Tata Projects Collaborates with Canada’s MDS Aero to Develop Advanced Aerospace Engine Testing Infrastructure in India – defence.in

Tata Projects Collaborates with Canada's MDS Aero to Develop Advanced Aerospace Engine Testing Infrastructure in…

2 hours ago

Omar Abdullah: If guns decide statehood, Pakistan will decide

BJP protests as assembly resolution refers to 2000 autonomy demand

2 hours ago