New Delhi, Jan 31 (IANS) Revenue collection under Goods and Services Tax (GST) for January crossed Rs 1 lakh crore on Thursday, the Finance Ministry said.
Total collection for the month of January last year was Rs 89,825 crore, the Ministry said in a tweet.
"The Gross GST Revenue collected in the month of January 2019 has today crossed Rs 1 lakh crore. There has been a significant improvement over collection of Rs 94,725 crore last month and Rs 89,825 crore during the same month last year," it said.
"This increase has been achieved despite various tax relief measures implemented by the GST Council to lower the tax burden on the consumers," said another tweet.
Final figures and details of collections for the entire month will be released on February 2, it said.
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
