India’s Goods and Services Tax (GST) collection witnessed a significant surge of 12.5% year-on-year, reaching Rs 1.68 lakh crore in February, as stated by the government. This figure marks a notable increase from the Rs 1.50 lakh crore collected during the corresponding period last year.
Ambitious Fiscal Target: The government has set an ambitious target of Rs 9.57 lakh crore for GST collection in the current fiscal year, reflecting confidence in economic recovery and tax compliance measures.
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