GST collection: Nearly half of full-year target achieved; Govt sets eyes on next year revenues

The COVID-19 pandemic has hit Goods and Services Tax (GST) collections, with India so far this financial year achieving only less than half the revised full-year target. The Central government has collected only 47 per cent of the revised full-year target of Rs 6.90 lakh crore GST collections. It may be noted that the annual GST figures in the Budget document include only the Centre’s share and th…