July 1st 2024.
Good news for the state of Odisha! According to an official statement released on Monday, the gross GST collection for the month of June has increased by 13.87% to Rs 4,987.27 crore. This is a significant jump from the collection of Rs 4,379.97 crore in the same period last year.
In fact, the overall collection for the months of April to June stands at Rs 15,916.31 crore, a notable increase from the previous year's collection of Rs 13,813.44 crore. This means that the gross GST collection has seen a growth rate of 15.22% in the first quarter of the fiscal year.
The statement also mentioned that the state GST collection for the same period in the 2024-25 fiscal year has reached Rs 7,000.98 crore, compared to Rs 5,427.10 crore in the previous year. This marks a growth rate of 28.94% in the state GST collection.
This positive trend in GST collection is a reflection of the state's progress and economic growth. It is a testament to the hard work and dedication of the people of Odisha, as well as the efficient implementation of GST policies by the government. Let us continue to work together to maintain this momentum and drive the state towards further success. This is PTI reporting.
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