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India's net GST mopup growth slows to 3.9% in Sept, shows govt data

Business Standard LogoBusiness Standard11h ago

India's net GST mopup growth slows to 3.9% in Sept, shows govt data - Business Standard

Quick Summary:

However, with the festive season coming, collections in the next couple of months might be better,” said Pratik Jain, partner at PwC India.

Refunds worth Rs 20,458 crore were issued in September, an increase of 31 per cent over the same period last year.

The government's sustained efforts to ensure a stable revenue trajectory are commendable, contributing to long-term economic resilience and growth,” said Mahesh Jaising, partner and leader, indirect tax at Deloitte India.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 21:07:06 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 573 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22839889

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 344 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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