GST Collection in FY 23 to Surpass ₹20 Lakh Crore Mark

Government officials anticipate the Goods and Services Tax (GST) collection for March 2024 to exceed ₹1.60 lakh crore. With an expected annual growth of approximately 12%, the FY 23 collections are projected to cross ₹20 lakh crore, attributed to increased economic activity and compliance ease driven by technology.

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