First time ever, GST revenue collection crosses Rs 1 lakh crore figure
The government today announced that the total gross GST revenue collected in the month of April 2018 stood at Rs 1,03,458 crore. It is the first time when a month's collection has crossed the Rs 1 lakh crore mark.
According to the Finance Ministry, the buoyancy in the tax revenue of GST reflects the upswing in the economy and better compliance. Image source: PTI