GST collections: How to ensure a larger haul

The budgeted GST collections by the central government for the financial year 2018-19 stand at Rs 7.43 lakh crore. But so far, the collections have been far from what had been budgeted. Hence, the collections have recently been revised to Rs 6.43 lakh crore. The budgeted GST collections envisaged an increase on the back of economic growth and plugging leakages of revenue. In the last year, several…