India’s December goods and services tax collections up 15% y/y

NEW DELHI (Reuters) – 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.

($1 = 82.7170 Indian rupees)

(Reporting by Manoj Kumar; Editing by Andrew Heavens)

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