According to Karnataka’s Chief Minister Basavaraj Bommai, the state collected a record-breaking GST revenue of January 2023 for Rs 6,085 crore. The Chief Minister also credited the changes, vigilance, and better tax compliance by taxpayers who made it possible in a series of tweets.
“GST collections reached a record high of 6,085 crore this month. According to a tweet from CM Bommai, Karnataka continues to have the highest growth rate in the GST tax collection at 30%.
The amazing mop up this year is a result of reform-related initiatives, laser-focused attention, an improving economy, and improved taxpayer compliance. The administration would be able to submit a better budget this year because to the increase in revenue, he continued.