The goods and service tax collections for May clocked Rs 1,02,709 crore, making it the eighth straight month of collections crossing the Rs 1 lakh crore mark. The collections have been 65% higher than the GST revenues in the same month, despite many states being under lockdown due to the Covid pandemic.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The May GST collections were also a 27.6 per cent drop from a record sum of Rs 1.41 lakh crore in April, which was the highest monthly collection since the introduction of the nationwide tax.
List of GST Collection previous months:
Respectable Defense minister Rajnath Singh has launched the first indigenous 300 km Universal Rocket Launching…
World Football Day observed worldwide on 25th May, and this game connects the billions of…
The Union Government of India has released the detailed guidelines for the BHAVYA Scheme. This…
UNESCO survey has recognized the Kumbhalgarh Fort as the second longest continuous intact wall in…
As US Secretary of State Marco Rubio on his official visit to India he held…
India's Gurindervir Singh became the fastest ever Indian sprinter as he clocked an incredible 10.09…