India's GST revenue in March 2024 increased by 11.5% to Rs 1.78 lakh crore, marking the second-highest collection ever.

India's GST revenue in March 2024 increased by 11.5% to Rs 1.78 lakh crore, marking the second-highest collection ever. The growth was driven by a 17.6% increase in domestic transactions. The total gross GST collection for the 2023-24 fiscal year reached Rs 20.14 lakh crore, a 11.7% increase compared to the previous year. The average monthly collection for this fiscal year stood at Rs 1.68 lakh crore, surpassing the previous year's average of Rs 1.5 lakh crore.

April 01, 2024
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