April GST mop-up notwithstanding, Rs 1.5 trn a month may not happen in FY23

The record collection from the goods and services tax (GST) of Rs 1.68 trillion has raised hopes that finally the near five-year-old  indirect tax  regime may yield Rs 1.5 trillion a month sooner than later. However, this may not happen during the current financial year. A key finance ministry source said achieving Rs 1.5 trillion a month is difficult during 2022-23."My hunch is that the…

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