Current Affairs - Finance - Discussion

Discussion Forum : Finance - Latest Current Affairs (Q.No. 131)

2024-05-02 Finance

131.

What was the record-high GST revenue collection in April 2024?

Rs 2.05 lakh crore

Rs 2.10 lakh crore

Rs 2.15 lakh crore

Rs 2.20 lakh crore

Answer: Option

Explanation:

In April 2024, India achieved a historic milestone in GST revenue collection, reaching a record high of Rs 2.10 lakh crore. This significant increase of 12.4% from the previous year's collections was driven by various factors, including growth in domestic transactions and improved compliance measures.