April’s monthly collections for Goods and Services Tax (GST) – they track tax collections for the month of March – have come at an all-time high of ₹1.87 lakh crore. While part of the increase is just seasonality – March generally sees a higher tax collection because it is the last month in the fiscal […]
Tag Archives: fiscal year
Today is the first working day of the fiscal year 2023-24. The Indian economy, notwithstanding its immediate and long-term challenges, has finished fiscal year 2022-23 on a much better note than most economies. In the neighbourhood, Sri Lanka and Pakistan are facing a severe economic crisis. The Chinese economy was reeling under the disruption of […]