The government has managed to mop-up a revenue of Rs 92,283 crore in the first month of the <a href="http://www.wionews.com/south-asia/india-finalises-four-gst-rates-15791" target="_blank">Goods and Services Tax</a> which came into effect from July 1 this year.

The revenue figures came from just 64.42 per cent of the total taxpayer base.&nbsp;

&quot;The 64.42 per cent taxpayers have paid Rs 92,283 crore in taxes for July,&quot; finance minister Arun Jaitley said.

The implementation of the Goods and Services tax, which replaced most of the indirect taxes, is one of the biggest tax reforms in the country.

The GST regime is expected to usher in more compliance by taxpayers and increase the economic growth rate of the country. 
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The revenue figures came from just 64.42% of the total tax payer base

The government has managed to mop-up a revenue of Rs 92,283 crore in the first month of the Goods and Services Tax which came into effect from July 1 this year. The revenue figures came from just 64.42 per cent of the total taxpayer base. "The 64.42 per cent taxpayers have paid Rs 92,283 crore in taxes for July," finance minister Arun Jaitley said. The implementation of the Goods and Services tax, which replaced most of the indirect taxes, is one of the biggest tax reforms in the country. The GST regime is expected to usher in more compliance by taxpayers and increase the economic growth rate of the country.

Government mops up Rs 92,283 crore in first month of GST

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Government mops up Rs 92,283 crore in first month of GST