GST revenue scales to all-time high of ₹1.68 lakh cr in April
April GST collection is 18% more than the previous record of ₹1,42,095 crore in March, as per finance ministry data.
ministry of finance
May 2022
December 2021
April 2020
September 2019
September 2018
November GST up 25% YoY to Rs 1,31,526 crore
These are the 2nd highest collections after the record set in April this year.
Will Mauritius regain the tag of India’s top investor?
Mauritius last week got the ‘eligible country’ status from India. Investment entities from the island country can register with SEBI as category–1 FPIs with less stringent KYC requirements.
The tax cut party continues at bourses
While equity markets continue to boom, economists warn about likely ‘subject-to’ consequences of the corporate tax cuts announced last Friday.
Borrowing cut of ₹70,000 crore shows govt confidence on fisc
Ministry of Finance expects to make up the difference through reduced buyback of government securities, additional flows from small savings and the introduction of retail-inflation indexed bonds.
