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Revenue 24 percent higher than October 2020 | GST indicator of fast recovery of economy
Posted
November 1, 2021
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November 1, 2021
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2:33Now PlayingGST collection is found to be the second-highest collection since the GST imposition. Rupees 1,30,127 crore is the collection for the month of October which is the 2nd highest since this tax scheme was implemented. It seems to be a good development in regards to the prevailing economic condition. It is noticed that there has been a 24 per cent increase in the revenue when compared to last year, October 2020. The recovery is faster than anticipated as the economy is coming back on track, post the setback faced during Covid-19.
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