India must fully implement GST to avoid tax revenue underperformance: IMF

India, which has recovered from disruptions caused by demonetisation and the rollout of the GST, must fully implement the new nationwide indirect tax to avoid tax revenue underperformance resulting in cuts to capital expenditures, the IMF said today. In its Fiscal Monitor report titled 'Capitalising on Good times', the International Monetary Fund (IMF) said that relatively buoyant revenues support…