New Delhi: Prime Minister Narendra Modi on Monday said the highest ever monthly GST collection of Rs 1.87 lakh crore in April is a “great news” for the Indian economy.
Gross Goods and Services (GST) collection in April rose 12 per cent on an annual basis to touch the all-time high level.
The collection in April was Rs 19,495 crore more than the previous highest collection of Rs 1,67,540 lakh crore recorded in April 2022.
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“Great news for the Indian economy! Rising tax collection despite lower tax rates shows the success of how GST has increased integration and compliance,” Modi said in a tweet.
GST came into force from July 1, 2017.
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