The significance of ₹1.68 lakh crore
[ad_1] Goods and Services Tax (GST) collections in the month of April 2022 reached an all-time high of ₹1.68 lakh crore. This is the first instance of monthly GST collections crossing ₹1.5 lakh crore. What is the larger macroeconomic significance of this number? The latest GST collections capture economic activity in the month of March, …