Narrow Demand Response Weighs On India’s GST Collections, Societe Generale Warns - Bitcoin World
French investment bank Societe Generale has highlighted a narrow demand response as a key factor constraining India’s Goods and Services Tax (GST) collections, pointing to underlying weakness in consumption patterns. The analysis comes amid ongoing scrutiny of the country’s tax revenue performance and broader economic momentum. Demand Constraints and GST Performance According to Societe Generale’s…