ThinkScopeThe country's GST collection has risen by 6.1% to reach Rs 1.74 lakh crore in December, indicating stronger economic activity. This growth is a positive sign for the economy.
The recent tax cuts have not seemed to hinder the collection, which is a good indicator of the economy's health. New levies on tobacco and pan masala products are set to come into effect from February 2026.
These developments suggest that the economy is moving in a positive direction, with GST collection being a key indicator. The introduction of new levies is expected to further boost the collection.
The impact of these developments will be closely watched, as they have the potential to shape the country's economic trajectory. With the economy showing resilience, the future looks promising, and the growth in GST collection is a step in the right direction, marking a significant milestone in the country's economic journey with continued growth expected.
