Import surge helped drive up GST mopup in May: Nomura

New Delhi: The goods and services tax (GST) collection growth, which accelerated to 16.4% in May, outpacing nominal GDP growth, was driven by a sharp pickup in GST from imports that registered its highest monthly contribution in nearly three years, rating agency Nomura said Monday. The rating agency also said India's economy is expected to see GDP growth moderate to 6.2% in FY26 from 6.5% in FY25.…