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A strong global market trend further bolstered investor sentiment, lifting equities. The 30-share BSE Sensex rallied 500.81 points to 80,743.05 in early trade, while the NSE Nifty advanced 110.65 points to 24,444.85.

This is the second-highest monthly collection ever and marks the third month in this financial year with a collection of Rs 1.70 lakh crore or more.

Gross GST collection rose 10 per cent to over Rs 1.62 lakh crore in September, crossing the Rs 1.6 lakh crore mark for the fourth time during current financial year.

New Delhi: GST collection in July stood at Rs 1,48,995 crore, second highest since introduction of GST. The collection for July is 28 per cent higher than the GST revenues recorded in the same month last year of Rs 1,16,393 crore. “Of the total GST collection, Central GST is Rs 25,751 crore, State GST is […]

The same feat was achieved even in March when collections at over Rs 1.23 lakh crore was the highest since introduction of GST in 2017.

In the Revised Estimates (RE) for 2020-21, the target was set at Rs 9.89 lakh crore.

"The GST collection during the period has been higher than the collection in the same period last year," Minister of State for Finance and Corporate Affairs Anurag Thakur said.

Exploring new markets and collaborations among companies in the same sector to help scale up businesses post Covid-19

Ajay Bhushan Pandey said the generation of e-way bills, needed for transportation of goods, is back to pre-Covid levels and online payments have risen exponentially