News
Addressing the GST revenue woes
- Date:
- January 13, 2020
- Source:
- New Indian Express
Goods and Services Tax collections exceeded Rs 1 lakh crore for the second straight month in December 2019. It has given relief to the government, which was struggling with a shortfall in GST collections in the current fiscal year. When GST was first introduced in July 2017, it was expected that monthly GST collections would exceed Rs 1 lakh crore; we find that out of 30 months, so far only in nin…