India's GST collections saw an 8.5% jump in November, reaching over Rs 1.82 lakh crore.

India's GST collections in November surged by 8.5% to over Rs 1.82 lakh crore, fueled by higher domestic transaction revenues and a 6% increase in import tax revenues. After accounting for refunds, net GST collections rose by 11% to Rs 1.63 lakh crore. Experts note that while the festive season likely boosted collections, a broader economic trend is less clear, with potential slowdowns expected in the coming months.

December 01, 2024
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