India's December Goods and Services Tax Collections Up 15% y/y

An attendant at a fuel station arranges Indian rupee notes in Kolkata, India, August 16, 2018. REUTERS/Rupak De Chowdhuri
An attendant at a fuel station arranges Indian rupee notes in Kolkata, India, August 16, 2018. REUTERS/Rupak De Chowdhuri

India's December Goods and Services Tax Collections Up 15% y/y

India's goods and services tax receipts in December rose 15% year-on-year to 1.495 trillion rupees ($18.07 billion), a government statement said on Sunday, reflecting strong economic activity during the festive season.

Goods and services taxes brought in 1.46 trillion rupees in November.

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