According to the data presented by the central government on the first day of the new year on the Goods and Services Tax (GST) collection, the government received a revenue of Rs 1.77 lakh crore in December. This is Rs 5,000 crore less than a month ago i.e. November. The government received a revenue of Rs 1.82 lakh crore in November. The figure for November was also lower than the previous three highest revenue collection figures, while it was the collection of the festive month of October. Before that, the average collection of GST during July to September was Rs 1.77 lakh crore.
The government had said that the growth rate in the second quarter of the financial year 2023-24 i.e. July to September was only 5.4 percent. Not only this, on the first day of the year, this data has also come that car sales have been the lowest in four years. One of the figures in car sales is that SUVs. The share of has increased to more than 53 percent, meaning that larger vehicles have been sold more. Some time ago, there was news that the sales of small vehicles are continuously decreasing. Maruti Suzuki Chairman R.C. Bhargava had said that there was a time when 80 percent of the car sales were of vehicles priced below Rs 10 lakh. Now the sales of such cars are decreasing. This pace of the economy will be a matter of concern this year.
