Economy

12% increase in GST revenue collection in Feb 2023

The gross GST revenue collected in the month of February 2023 is ₹1,49,577 crore of which CGST is ₹27,662 crore, SGST is ₹34,915 crore, IGST is ₹75,069 crore (including ₹35,689 crores collected on import of goods) and Cess is ₹11,931 crore (including ₹792 crores collected on import of goods) […]

Economy

37.4% increase in capital expenditure in 23-24

“Investments in infrastructure and Productive capacity have a large multiplier impact on growth and employment,” said the Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman in Parliament today while presenting the Union Budget 2023-24. […]

Economy

Nominal GDP to grow at 15.4 % in FY 2022-23

“Despite external exogenous shocks, India’s economy is relatively insulated from global spillovers compared to other EMEs, partly because of its large domestic market and relatively looser integration in global value chains and trade flows” […]

Economy

Rs 1.4 lakh+ crore GST Revenue collected on December 2022,

The gross GST revenue collected during December 2022 is Rs 1,49,507 crore, of which CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, IGST is Rs 78,434 crore (including Rs 40,263 crore collected on import of goods) and Cess is Rs 11,005 crore (including Rs 850 crore collected on import of goods). […]