Prof K Nageshwar: GST Collections touches 1 Lakh crore (Video)

         లక్ష కోట్లు దాటిన GST వసూళ్లు, ఇంకా లక్ష్యానికి దూరమే ||GST Collections touches 1 Lakh crore

Indian economy began the new year on a positive note with the gross GST revenue collections for the December coming in at Rs 1,03,184 crore. This is the second straight month when GST collections surpassed the Rs 1 lakh crore mark, raising hopes that the economy may have bottomed out from the slowdown seen in recent months.

So far in the nine months this fiscal, the gross GST collections have surpassed the Rs 1 lakh crore mark only five times (April, May, July, November and December), which is a clear indicator that the data numbers are still quite lumpy and the GST system is yet to stabilise despite two and a half years since launch in July 2017.

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Prof K Nageshwar: GST Collections touches 1 Lakh crore (Video)
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లక్ష కోట్లు దాటిన GST వసూళ్లు, ఇంకా లక్ష్యానికి దూరమే ||GST Collections touches 1 Lakh crore Indian economy began the new year on a positive note with the gross GST revenue collections for the December coming in at Rs 1,03,184 crore. This is the second straight month when GST collections surpassed the Rs 1 lakh crore mark, raising hopes that the economy may have bottomed out from the slowdown seen in recent months. So far in the nine months this fiscal, the gross GST collections have surpassed the Rs 1 lakh crore mark only five times (April, May, July, November and December), which is a clear indicator that the data numbers are still quite lumpy and the GST system is yet to stabilise despite two and a half years since launch in July 2017.

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