GST Collection in April 2023 Hits All-Time High of ₹ 1.87 Lakh Crore

GST Collection in April 2023 : The government of India has announced that the goods and services tax (GST) collection for April 2023 was the highest ever at ₹ 1.87 lakh crore. This marks a significant increase of 12 percent compared to the previous highest collection in April 2022, which was ₹ 19,495 crore lower. The government has attributed the growth to the strong performance of the economy, which has bounced back from the pandemic-induced slowdown.