The total indirect tax collections are estimated to be ₹13.30 lakh crore in FY23. Of this, the government has projected raising ₹7.8 lakh crore from GST alone. Of the total GST collection, 85% is expected to come from central GST (₹6,60,000 crore) and 15% (₹1,20,000 crore) from GST compensation cess.
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Budget 2023: Higher Expectation From GST
Of the total GST collection, 85% is expected to come from central GST (₹6,60,000 crore) and 15% (₹1,20,000 crore) from GST compensation cess.
Infographics
Sensex firms cut costs as income growth slows
Income growth moderated to 6.5% in the quarter ended September 2024, while expenses rose by merely 4.8%
The 10 biggest IPOs/FPO in 2024
Companies have raised over ₹1.25 lakh crore via initial public offerings in 2024 so far
Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
Education Gets A Leg-Up
Investment in education rises in India’s journey towards a $55 trillion economy by 2047.
Infographics
Sensex firms cut costs as income growth slows
Income growth moderated to 6.5% in the quarter ended September 2024, while expenses rose by merely 4.8%
The 10 biggest IPOs/FPO in 2024
Companies have raised over ₹1.25 lakh crore via initial public offerings in 2024 so far
Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
Education Gets A Leg-Up
Investment in education rises in India’s journey towards a $55 trillion economy by 2047.