75% of GST Revenue Comes from 18% Slab, Reveals MoS Finance

Last updated: 04 December 2024

In the fiscal year 2023-24, approximately 70-75% of GST revenues were generated from the 18% tax slab, while the 12% slab contributed just 5-6% of the total collection. Additionally, the 5% slab accounted for only 6-8% of the GST revenue, while the highest 28% slab contributed 13-15% to the overall

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