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As per the Ministry of Finance, what was the Goods and Services Tax (GST) collections for the month of May 2022?
Rs 1.31 lakh crore
Rs 1.41 lakh crore
Rs 1.51 lakh crore
Rs 1.61 lakh crore
Rs 1.71 lakh crore
- The Goods and Services Tax (GST) collection data represents the total revenue collected by the government through the GST system.
- These collections are a significant indicator of the economic activity in the country.
Let's review each option with respect to May 2022:
1. Option 1: Rs 1.31 lakh crore - This figure does not match the collection recorded in May 2022.
2. Option 2: Rs 1.41 lakh crore - This is the correct GST collection amount for May 2022.
3. Option 3: Rs 1.51 lakh crore - This is higher than the actual collection for May 2022.
4. Option 4: Rs 1.61 lakh crore - This figure is significantly higher than the reported collection.
5. Option 5: Rs 1.71 lakh crore - This is much higher than the collection for May 2022.
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