GST collection reaches Rs 2 lakh Crore Milestone due to Economic Momentum and Efficient Tax Realisation: Finance Minister

GST collection - Milestone - Economic Momentum - Efficient Tax Realisation - Finance Minister - taxscan

The Finance minister, Nirmala Sitharaman commented that the GST collection reached Rs 2 lakh crore milestone due to the implementation of the economic momentum and efficient tax realisation. Goods and Services Tax (GST), which subsumed over a dozen local taxes, was rolled out on July 1, 2017. Currently, there are 1.45 crore registered taxpayers on…

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