Budget 2024: Government on track to exceed GST collection target for FY24

The government will likely collect more Goods and Services Tax (GST) this financial year than it expected to, with a continuous rise in the monthly mop-up suggesting the Budget estimate for 2023-24 could be revised upwards when Finance Minister Nirmala Sitharaman presents the Interim Budget for 2024-25 on February 1, 2024. In the first eight months of 2023-24, total GST collections have amounted t…