EconomyPrelims + Mains
GST Revenue Grows 14.8% to Nearly ₹2 Lakh Crore in August
GST collections reached ₹1.998 lakh crore, growing by 14.8%. However, several concerns remain: domestic growth at 9.3% is lower than import growth of 29%, while refunds have increased by 72.6%. The inverted structure of the GST duties is still a concern. Moving ahead, rate rationalisation and compliance are needed.
