What does a surge in GST revenue say about recovery?
Goods and services tax (GST) collections grew 7% year-on-year to ₹1.13 trillion in February, breaching the $1-trillion mark for the fifth straight month, on the back of improved compliance and a recovery in economic activity. Mint explores: What is driving the surge in GST revenue? Normalization of the economy, aided by a corona curve that India managed to flatten since its mid-Septembe…