The budget is an annual financial statement that lays out the government’s proposed expenditures and revenues for the upcoming fiscal year, which begins on April 1st and ends on March 31st of the following year.The budget is presented by the union finance minister in the Parliament. The budget is a comprehensive document that outlines the …
Summary of Gross GST Revenue Collection for January 2024 Amount: ₹1,72,129 crore Year-on-Year Growth: 10.4% Significance: Second highest monthly collection ever; third month in FY 2023-24 with collection of ₹1.70 lakh crore or more Allocation: ₹43,552 crore to CGST and ₹37,257 crore to SGST from IGST collection 10-Month Period (April 2023-January 2024): Cumulative gross GST collection witnessed 11.6% year-on-year growth, …