GST collections in October increased by 8.9% to Rs 1,87,346 crore, marking it the second highest monthly collection ever. The growth was primarily driven by a 10.6% rise in domestic transactions. However, imports saw a moderate growth of 3.9%. Concerns persist regarding slowing urban consumption, despite strong Diwali sales. Refunds on domestic accounts also surged.
Related Posts
India’s top retail group files complaint against Blinkit, Zepto & Swiggy
The All India Consumer Products Distributors Federation has lodged a complaint with the CCI, accusing quick commerce companies like Zomato’s Blinkit, Swiggy, and Zepto of […]
‘Grok, show me an example of DARVO’: JK Rowling on Neil Gaiman’s rape denial
JK Rowling criticised Neil Gaiman after he denied sexual harassment allegations. Gaiman released a statement refuting accusations of non-consensual sex, expressing regret over past behavior. […]