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“JUNE GST REVENUE GROWTH HITS THREE-YEAR LOW, NO OFFICIAL STATEMENT”

Why in the news? June’s GST revenue growth slowed to a three-year low of 7.74%. No official statement released by the Finance Ministry on GST collections. About Goods and Services Tax (GST): GST was introduced through the 101st Constitution Amendment Act, 2016. The GST has subsumed indirect taxes like excise duty, Value Added Tax (VAT), …

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