“Income tax refunds of Rs. 61,252 crore were issued in 1,96,00,998 cases and corporate tax refunds of Rs. 53,158 crore were issued in 1,46,871 cases,” said tweeted the Income Tax Department.
GST collection in August at Rs 1,43,612 crore, jump 28% YoY
Indian economy to post growth rate of over 7% in FY23, Finance Secretary TV Somanathan says
During the month, income from the import of goods increased by 57% and income from domestic transactions (including the import of services) was 19% higher than income from these sources during the same month. last year.
Out of the total amount of GST collected, CGST is Rs 24,710 crore, SGST is Rs 30,951 crore, IGST is Rs 77,782 crore (including Rs 42,067 crore collected on import of goods ) and the tax is Rs 10,168 crore (including Rs 1,018 crore collected on the importation of goods).
For six consecutive months, monthly GST revenue has been above Rs 1.4 lakh crore. The highest inflow on record was reported in April 2022 at Rs 1.68 lakh crore.