GST tax groups (GST) rose to a record level in April, reaching 2.37 rupees of Cham Ruphra, according to official data issued on Wednesday. This represents a 12.6 % increase compared to the same month last year and represents the highest monthly group since the beginning of the commodity and services tax in 2017. The strong performance in April follows increasingly increasing revenues in recent months, indicating the strengthening of local consumption efforts and compliance.
The latest numbers show a continuation of the positive trend that was seen earlier in the year, as March groups reached 1.96 crores, an increase of 9.9 % over the previous year. February witnessed the revenues of commodity and services tax of 1.83 Cruisen Cruisers, which represents 9.1 % growth on an annual basis, driven primarily with a strong local request. January also recorded 1.96 Ko Crown Cross, which reflects an increase of 12.3 %. These consistent gains emphasize the elasticity of consumption patterns in India, with tax revenues benefiting from increased commercial activity and compliance.
The increase in commodity and services tax groups in April is largely due to sales at the end of the year and increased business activities, as companies closed their annual accounts. This period, which coincides with the end of the fiscal year, usually sees companies providing revenues and clearing dues, which enhances tax receipts. The federation’s budget expected 11 % in the revenue of commodity and services tax for the fiscal year, with the aim of 11.78 rupees of the tax, including the commodity and central services tax, which indicates a strong start for the fiscal year.
Regional offers varied significantly, with the leadership of Lakshadweep with an increase of 287 % in the groups, followed by “other lands” by 160 %. Among the states, Arunachal Pradesh showed 66 % significant growth, while Migalaya and Nagalind increased by 50 % and 42 %, respectively. The largest countries such as Haryana, Bayhar and Gjujarat have also published two numbers of two numbers, which reflects the large -scale economic momentum. On the contrary, Andra Pradesh, Tripura, and Mizuram witnessed a decrease, as Mizuram showed a sharp decrease by 28 %.
In the midst of the global tariff war, the turmoil caused by the heinous attack in Kashmir, the relevant doubts, and the growth of net revenues of goods and services tax by 9.1 % from last year, indicates the judicial authorities in some countries.
During February, commodity and services tax groups witnessed a 9.1 % increase to 183,646 rupees, mainly driven by dual -number growth in revenue from local sources. In January, GST groups reached 1.96 Cruiser Crores, indicating an altitude of 12.3 % compared to the previous year. In December, the groups reached 1.77 Cruiser Cruisers, which reflects 7.3 % growth on an annual basis. This growth rate in December was slower compared to the 8.5 % increase in November, which was attributed to a decrease in consumer spending after the holiday season.
In the budget, the government expected 11 % growth in commodity and services tax revenue for the year, with estimated groups of 11.78 rupees, including Cess Canceter GST and CESS.
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