GST Collection Crosses Rs 1 Lakh Crore
IT department is successful in collecting more than Rs 1 lakh crore in taxes this year.
In January 2019 the government said that the collections for the Goods and Services Tax [GST] crossed Rs 1 lakh crore. For the last 3 months, the GST collections have been very high.
In January 2018 the Rs 89,825 crore GST was collected. This is a very big improvement.Even though the tax department has created new rules to reduce the burden on consumers, the GST collections have been very high.
The government is very happy to have collected such an amount, before 31st March 2019 which is the end of the financial year.
