What does a rise in GST revenue say about recovery?
Goods and services tax (GST) collections grew 7% on year to ₹1.13 trillion in February, helped by improved compliance and stabilization of commercial activity. This also marked a fifth straight month of GST mop-up topping the ₹1-trillion mark. Mint explains:
Goods and services tax (GST) collections grew 7% year-on-year to Rs1.13 trillion in February, breaching the Rs1-trillion mark for the fifth straight month, on the back of improved compliance and a recovery in economic activity. Mint explores: