Business

Gross GST Collection In April 2024 At Highest Ever At Rs 2.10 Lakh Crore, Jumps 12.4% YoY

Posted on Author admin Comment(0)

GST collections breach landmark milestone of Rs 2 lakh crore.

GST collections in April 2024 recorded a 12.4% y-o-y growth

Gross GST collection in April 2024 was recorded as the highest-ever at Rs 2.10 lakh crore, according to the latest official data released on Wednesday. The indirect tax revenue in April recorded a 12.4 per cent y-o-y growth, driven by a strong increase in domestic transactions and imports.

Net Revenue (after refunds) stood at Rs 1.92 lakh crore, which is a 17.1 per cent growth over last year.

(The story will be updated)

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experi…Read More
admin
https://befenn.com

Related Articles
Business

This Coimbatore Company Just Gave 140 Employees Rs 14 Crore In Bonus

Posted on Author admin

Last Updated:February 11, 2025, 16:54 IST Kovai.co provides business-to-business software solutions and counts giants like BBC, Boeing and Shell among clients Today, Kovai.co’s annual revenue is $15 million and its total value is estimated to be $100 million. (News18 Hindi) An AI startup company from Coimbatore has done what most startups only dream of doing. […]
Business

Budget 2024: PHDCCI Meets FM Nirmala Sitharaman, Shares 10 Action Points

Posted on Author admin

Finance Minister Nirmala Sitharaman on Thursday chairs the third Pre-Budget consultation with industry leaders and associations in connection with the forthcoming Budget 2024-25 in New Delhi. Sanjeev Agrawal, president of PHDCCI, recommends status quo on the corporate tax rate at 22 per cent for existing companies and 15 per cent for new manufacturing companies Industry […]
Business

Markets in Motion: Q2 Earnings, Global Shifts and Foreign Investment Lead the Charge

Posted on Author admin

Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. “The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical […]

Leave a Reply

Your email address will not be published. Required fields are marked *