India’s Goods and Services Tax (GST) revenue collection showed a significant 9.9% year-over-year increase in March, amounting to Rs 1.96 lakh crore. The previous month, February, also experienced a notable 9.1% surge in GST collections, reaching Rs 183,646 crore. This growth can be attributed to substantial increases in domestic revenue sources. The rise in GST revenue collection indicates a positive trend in India’s economic recovery.
India’s GST revenue jumps by 9.9% YoY in March, hitting Rs 1.96 lakh crore; February collections at Rs 183,646 crore.
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