Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
E-way bills hit record 93.4 mn in Aug, signalling festive boost
Mint Mumbai
|September 06, 2023
Electronic permits for goods shipped within and across states shot up to an all-time high of 93.4 million in August, pointing to brisk economic activity which could boost Goods and Service Tax (GST) revenue collections in September.
-
The high frequency indicator aligns with manufacturing PMI data for August which suggested strong demand and output growth in August.
The sharply higher e-way bill data points to businesses pushing supplies to the market as the festive season kicks in. The previous highest level of e-way bill generation of 90.9 million was reported in March, resulting in the highest ever GST revenue collection of ₹ 1.87 trillion in April. Tax payments to government for sales in a given month is made in the subsequent month.
Data from GSTN, the company that processes GST returns, showed that e-way bill generation shot up by over 19% in August from the year-ago level and by over 6% from the previous month.
Denne historien er fra September 06, 2023-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Defence signals
The US has approved the sale of Excalibur projectiles and Javelin missile systems to India in a deal valued at about $93 million, according to the US Defense Security Cooperation Agency.
1 min
November 21, 2025
Mint Mumbai
Small loans against property begin to sour for non-banks
Indian lenders are seeing the stress in their microfinance books gradually spread to their secured portfolios as overleveraged customers delay repayments. This comes less than a year after the Reserve Bank of India warned of a spillover.
3 mins
November 21, 2025
Mint Mumbai
LIFE OF VI: HOW INDIA AVERTED A TELCO DUOPOLY
The inside story of how the Centre created a limited legal reopening to prevent Vi's collapse
9 mins
November 21, 2025
Mint Mumbai
Kirin in talks to recast B9, has no plan to sell stake
Japan's Kirin Holdings, among the largest shareholder in B9 Beverages, that operates Bira, is holding joint discussions with stakeholders and creditors of the beer-maker to restructure the existing business including the management and business strategy as the company navigates a funding crunch and employee unrest.
2 mins
November 21, 2025
Mint Mumbai
Cracks are appearing in OpenAI’s dominant facade
THE 21ST-CENTURY tech landscape was built with a winner-takes-all mindset. It started with Microsoft’s Windows monopoly at the end of the 1990s. Since then Alphabet-owned Google has cornered search and Amazon has become the king of e-commerce. Meta, too, has blanketed much of the world with social media—though on November 18th, a judge in Washington, DC, spared it the ignominy of being declared a monopolist.
2 mins
November 21, 2025
Mint Mumbai
DATA RECAP: THE WEEK IN CHARTS
From widening trade gaps caused by US tariff headwinds and surging gold imports, to a rise in the urban unemployment rate in October, shifting consumption patterns in the economy
2 mins
November 21, 2025
Mint Mumbai
Automation hits tech jobs as GCCs dial back on hiring
Automation is beginning to reshape India's tech-hiring landscape, with global capability centres (GCCs) pulling back on routine recruitment-intensifying the slowdown already hitting large staffing firms dependent on information technology (IT) hiring.
2 mins
November 21, 2025
Mint Mumbai
Bluechips lift Street to a 13-month high
Eyes on Q3 earnings as Nifty crosses 26,200, FPIs turn positive
3 mins
November 21, 2025
Mint Mumbai
Delhi's toxic air: Do we have an adaptation plan?
The national capital has seen two citizen-led protests in November over worsening air quality in the region. Doctors have called the winter air pollution in Delhi a public health emergency, urging stringent measures. Mint explores the issue.
2 mins
November 21, 2025
Mint Mumbai
Automation hits tech jobs as GCCs too dial back on hiring
Quess ended last quarter with ₹3,832 crore in revenue, up 5% sequentially.
1 mins
November 21, 2025
Translate
Change font size