GST shortfall may turn into next worry for the Centre

New Delhi: The sluggish growth in goods and services tax (GST)  revenue receipts , unless reversed quickly, could poke a ₹40,000 crore hole in central government finances by the end of this fiscal, analysts warned on Wednesday, even as a private survey showed India’s services sector growth lost steam in August from a month ago. An analysis of GST revenue trend Credit Suisse shared on Wed…