{"id":2308,"date":"2023-09-01T08:35:29","date_gmt":"2023-09-01T08:35:29","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=2308"},"modified":"2023-09-01T08:35:37","modified_gmt":"2023-09-01T08:35:37","slug":"gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/","title":{"rendered":"GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August: Revenue Secretary"},"content":{"rendered":"<p>New Delhi, Sep 1: According to Revenue Secretary Sanjay Malhotra, the August 2023 <a href=\"https:\/\/jammubulletin.com\/site\/gst-collection-rises-11-pc-to-over-rs-1-65-lakh-cr-in-july\/\">GST<\/a> collections have increased by 11% year over year as a result of higher compliance and lower evasion.<br \/>\nIn August 2022, the GST (Goods and Services Tax) brought in Rs 1,43,612 crore.<br \/>\nAccording to Malhotra, &#8220;numbers are roughly in the range of 11% year-over-year growth as in earlier months.&#8221;<br \/>\nA rise of 11% equates to around Rs 1.60 lakh crore.<br \/>\nHe was responding to a query regarding the anticipated <a href=\"https:\/\/jammubulletin.com\/site\/creating-industrial-hubs-implementing-single-gst-rate-imperative-for-shielding-msmes-rahul\/\">GST<\/a> revenue figures for August; the information will be made public later on Friday.Malhotra claimed that nominal GDP growth was 8% and that actual growth was 7.8% in the June quarter.<br \/>\n&#8220;GST revenues increased by more than 11% in the June quarter. This results in a tax-to-GDP ratio of more than 1.3, according to Malhotra.<br \/>\nMalhotra said that despite no rise in tax rates, GST collections have increased by more than nominal GDP. Better compliance and more effective tax collection are to blame for this. Tax avoidance and evasion are uncommon.<\/p>\n<figure id=\"attachment_2309\" aria-describedby=\"caption-attachment-2309\" style=\"width: 300px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2309\" src=\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM-300x166.png\" alt=\"GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August: Revenue Secretary\" width=\"300\" height=\"166\" srcset=\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM-300x166.png 300w, https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM-1024x567.png 1024w, https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM-768x425.png 768w, https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM-1536x850.png 1536w, https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM-549x304.png 549w, https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM-470x260.png 470w, https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM-233x129.png 233w, https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM-230x127.png 230w, https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM-360x199.png 360w, https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM-100x55.png 100w, https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM.png 1586w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-2309\" class=\"wp-caption-text\">GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August: Revenue Secretary<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, Sep 1: According to Revenue Secretary Sanjay Malhotra, the August 2023 GST collections have increased by 11% year over year as a result of higher compliance and lower evasion. In August 2022, the GST (Goods and Services Tax) brought in Rs 1,43,612 crore. According to Malhotra, &#8220;numbers are roughly in the range of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2309,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13,6,67,89],"tags":[],"class_list":["post-2308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-business","category-header","category-national"],"gutentor_comment":0,"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August<\/title>\n<meta name=\"description\" content=\"According to Revenue Secretary Sanjay Malhotra, the August 2023 GST collections have increased by 11% year over year\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August\" \/>\n<meta property=\"og:description\" content=\"According to Revenue Secretary Sanjay Malhotra, the August 2023 GST collections have increased by 11% year over year\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/\" \/>\n<meta property=\"og:site_name\" content=\"Jammu Bulletin\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/jammubulletinnews\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-01T08:35:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-01T08:35:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1586\" \/>\n\t<meta property=\"og:image:height\" content=\"878\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/\"},\"author\":{\"name\":\"editor\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3\"},\"headline\":\"GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August: Revenue Secretary\",\"datePublished\":\"2023-09-01T08:35:29+00:00\",\"dateModified\":\"2023-09-01T08:35:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/\"},\"wordCount\":196,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#organization\"},\"articleSection\":[\"Breaking News\",\"Business\",\"header\",\"National\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/\",\"url\":\"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/\",\"name\":\"GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August\",\"isPartOf\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#website\"},\"datePublished\":\"2023-09-01T08:35:29+00:00\",\"dateModified\":\"2023-09-01T08:35:37+00:00\",\"description\":\"According to Revenue Secretary Sanjay Malhotra, the August 2023 GST collections have increased by 11% year over year\",\"breadcrumb\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/jammubulletin.com\/site\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August: Revenue Secretary\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#website\",\"url\":\"https:\/\/jammubulletin.com\/site\/\",\"name\":\"Jammu Bulletin\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/jammubulletin.com\/site\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#organization\",\"name\":\"Jammu Bulletin\",\"url\":\"https:\/\/jammubulletin.com\/site\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png\",\"contentUrl\":\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png\",\"width\":344,\"height\":108,\"caption\":\"Jammu Bulletin\"},\"image\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3\",\"name\":\"editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g\",\"caption\":\"editor\"},\"sameAs\":[\"https:\/\/jammubulletin.com\/site\/\",\"https:\/\/www.facebook.com\/jammubulletinnews\",\"https:\/\/www.instagram.com\/jb_jammubulletin\/\",\"https:\/\/www.youtube.com\/channel\/UCiLYegrAWdxNxRIoaKZgw9g\"],\"url\":\"https:\/\/jammubulletin.com\/site\/author\/editor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August","description":"According to Revenue Secretary Sanjay Malhotra, the August 2023 GST collections have increased by 11% year over year","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/","og_locale":"en_US","og_type":"article","og_title":"GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August","og_description":"According to Revenue Secretary Sanjay Malhotra, the August 2023 GST collections have increased by 11% year over year","og_url":"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/","og_site_name":"Jammu Bulletin","article_author":"https:\/\/www.facebook.com\/jammubulletinnews","article_published_time":"2023-09-01T08:35:29+00:00","article_modified_time":"2023-09-01T08:35:37+00:00","og_image":[{"width":1586,"height":878,"url":"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-01-at-2.03.10-PM.png","type":"image\/png"}],"author":"editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"editor","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/#article","isPartOf":{"@id":"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/"},"author":{"name":"editor","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3"},"headline":"GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August: Revenue Secretary","datePublished":"2023-09-01T08:35:29+00:00","dateModified":"2023-09-01T08:35:37+00:00","mainEntityOfPage":{"@id":"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/"},"wordCount":196,"commentCount":0,"publisher":{"@id":"https:\/\/jammubulletin.com\/site\/#organization"},"articleSection":["Breaking News","Business","header","National"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/","url":"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/","name":"GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August","isPartOf":{"@id":"https:\/\/jammubulletin.com\/site\/#website"},"datePublished":"2023-09-01T08:35:29+00:00","dateModified":"2023-09-01T08:35:37+00:00","description":"According to Revenue Secretary Sanjay Malhotra, the August 2023 GST collections have increased by 11% year over year","breadcrumb":{"@id":"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/jammubulletin.com\/site\/gst-revenues-grow-11-pc-to-about-rs-1-6-lakh-crore-in-august-revenue-secretary\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/jammubulletin.com\/site\/"},{"@type":"ListItem","position":2,"name":"GST Revenues Grow 11 Pc To About Rs 1.6 Lakh Crore In August: Revenue Secretary"}]},{"@type":"WebSite","@id":"https:\/\/jammubulletin.com\/site\/#website","url":"https:\/\/jammubulletin.com\/site\/","name":"Jammu Bulletin","description":"","publisher":{"@id":"https:\/\/jammubulletin.com\/site\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/jammubulletin.com\/site\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/jammubulletin.com\/site\/#organization","name":"Jammu Bulletin","url":"https:\/\/jammubulletin.com\/site\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/","url":"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png","contentUrl":"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png","width":344,"height":108,"caption":"Jammu Bulletin"},"image":{"@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3","name":"editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g","caption":"editor"},"sameAs":["https:\/\/jammubulletin.com\/site\/","https:\/\/www.facebook.com\/jammubulletinnews","https:\/\/www.instagram.com\/jb_jammubulletin\/","https:\/\/www.youtube.com\/channel\/UCiLYegrAWdxNxRIoaKZgw9g"],"url":"https:\/\/jammubulletin.com\/site\/author\/editor\/"}]}},"_links":{"self":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts\/2308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/comments?post=2308"}],"version-history":[{"count":1,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts\/2308\/revisions"}],"predecessor-version":[{"id":2310,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts\/2308\/revisions\/2310"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/media\/2309"}],"wp:attachment":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/media?parent=2308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/categories?post=2308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/tags?post=2308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}