Telangana sees a 17% Spike in GST Collection in March

Telangana sees a 17% Spike in GST Collection in March

Despite reeling under a second wave of Covid-19 pandemic, Telangana has seen a 17% rise in GST collection in the month of March 2021 as compared to the same period last year. According to the latest collection of GST figures released by the Union government, the Telangana government collected Rs 4,166 crore in March 2021, as compared to Rs 3,562 crore in March 2021. 

GST Collection in Southern States 

Among the Southern states, Kerala recorded the highest jump in GST collection at 24%, followed by Tamil Nadu at 23%. Andhra Pradesh saw the lowest increase in GST collection at just 5%. 

Hyderabad has emerged as a strong industry-friendly state in recent times, thereby attracting companies. The rise in GST and industrial activities is strongly matched with an appreciation of real estate prices in the state. If you are planning to buy apartments for sale in Hyderabad, now is a good time. Log in to Property Adviser website for updates on the latest residential projects in Hyderabad.

By: Ratnabir