Business picking up: GST compliance rise to half of usual level

In sign that business activities are looking up, albeit gradually, the average number of e-way bills generated per day on the Goods and Services Tax Network portal rose to 9.4 lakh in the third week of the current month (May 18-25), compared with 8.2 lakh and 6 lakh respectively for the two preceding weeks. Of course, still the economic transactions are way behind what could be considered normal –…