India’s GST collections are below potential: IMF team

NEW DELHI: Multiple rates,  exemptions  and  implementation  challenges are affecting goods and services tax (GST) collections in India, an analysis by an  International Monetary Fund  (IMF) team has said.  The study of India’s resource mobilisation for next five years has estimated that in 2018-19, GST collections were 5.8% of GDP, which was better than some of…