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India's GST collections jumped 12.3% in January, indicating stronger economic activity.
India's Goods and Services Tax (GST) collections surged 12.3% in January 2024, reaching Rs 1.96 lakh crore, signaling a positive economic trend.
This increase reflects higher domestic consumption and import activity, despite global uncertainties.
Total GST collections for the April-January period are up 9.4% compared to the same period last year.
The government expects GST revenue to rise 11% to Rs 11.78 lakh crore in the upcoming fiscal year.
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Las colecciones de GST de la India saltaron un 12,3% en enero, lo que indica una mayor actividad económica.