Back to Career News

Record ₹1.06 Trillion Collected in March Under GST, Says Finance Ministry

April 03, 2019

Record ₹1.06 Trillion Collected in March Under GST, Says Finance Ministry
The Finance Ministry said that the collections from the Goods and Services Tax (GST) clocked at ₹11.77 trillion in FY19 which is higher than the budget estimates. It also said that ₹1.06 trillion of this amount was collected in March 2019 alone which makes it the highest-ever monthly filing under the new tax regime.

The Finance Ministry said that the monthly average of GST collection during FY19 is ₹98,114 crores which is around 9.2% higher than the previous financial year.

Image Source

Recommended for you ...

Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners
Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

September 26, 2024

Banks Report Over 15% Growth in New Credit Card Additions: RBI Data
Banks Report Over 15% Growth in New Credit Card Additions: RBI Data

September 26, 2024

National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank
National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank

September 25, 2024

Chat on WhatsApp