LatestGoods & Service Tax (GST) 23 July 2026
India's Economy Booms
India's economic activity saw a significant boost in June, with indicators such as non-oil merchandise exports and GST e-way bill showing stronger growth, according to Icra, despite potential concerns weighing on corporate margins, Icra's recent report highlights the growth in various sectors, including a 16.5% increase in non-oil merchandise exports
India's economic activity has seen a substantial boom in June. Key indicators such as *non-oil merchandise exports* and *GST e-way bill* are showing stronger growth. Some of the key points include:
- Non-oil merchandise exports increased by 16.5%
- GST e-way bill also showed significant growth, the report by Icra highlights the potential for growth in various sectors, despite concerns over corporate margins
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.