What does a surge in GST revenue say about recovery? - News Summed Up

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What does a surge in GST revenue say about recovery?


The steady increase in GST collections since September is a result of heightened economic activity and rising commodity prices. View Full Image Cheery outlookHow did the services sector perform in February? What trend will GST collections follow? It must be noted that GST collections in any month are for transactions done during the previous month. As the services sector normalizes, and air travel and tourism operate full steam, expect the tax kitty to swell.


Source: Mint March 07, 2021 16:45 UTC



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