GST collections rise 0.7% to ₹1.70 lakh crore in November, growth slows

GST collections grew 0.7% to ₹1.70 lakh crore in November, showing slower growth amid economic challenges.

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GST collections rise 0.7% to ₹1.70 lakh crore in November, growth slows

GST collections rise 0.7% to ₹1.70 lakh crore in November, growth slows
India's Goods and Services Tax (GST) collection increased by just 0.7% to ₹1.70 lakh crore in November, marking a significant slowdown compared to previous months. The lower growth was attributed to reduced consumer spending, inflationary pressures, and supply chain challenges that continue to impact the economy.
Tags:
  • gst
  • india economy