Aggregate state GST collections growth to moderate to 12-14 per cent in FY24: Crisil

The growth in aggregate GST collection for states is likely to moderate to 12-14 per cent in FY24 from 20 per cent in FY23, domestic rating agency Crisil said on Wednesday. However, despite the moderation in growth, the GST collections will continue to be the biggest driver of revenue growth for states, the agency's senior director Anuj Sethi said.  "..…