India’s Net Indirect Tax Collections Rise 12% In FY21

The net GST collection fell around 8% over the previous fiscal to Rs 5.48 lakh crore in FY21.

Indian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)

India’s indirect tax collection rose in the fiscal ended March even as goods and services tax revenue fell because of Covid-19.

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