Usually, NFOs come during a surging market when investor sentiments are high and optimistic. The NFOs were floated to capitalise on the mood of investors and attract their investment as they were willing to invest at that time.
Despite a 17% increase in State Goods and Service Tax (SGST) and stamps and registration revenues, the total receipts of the Rajasthan government witnessed a subdued growth of 6% in the first six months of the current fiscal year 2023-24. Find out more about the revenue situation in Rajasthan.
E-way bills in December reached 95 million against 87.5 million in November. High e-way bill generation usually indicates high collections of Goods and Services Tax in the following month. Gross GST collections stood at Rs 1.65 trillion in December, slightly lower than the monthly average.
Ahmedabad: Reflecting a rise in overall consumption, in addition to the impact of inflation, goods and services tax (GST) collection in Gujarat stood .