Tax Revenue

State Exceeds 60% of Annual GST Target in Four Months

Andhra Pradesh has demonstrated impressive fiscal buoyancy, achieving a significant milestone by mopping up 61% of its annual GST revenue target within the first four months of the current financial year. A recent Comptroller and Auditor General’s report highlights this robust collection, signaling a healthy trajectory for the state’s fiscal health, bolstered by increased economic activity and intensified tax enforcement measures. [2]