November GST mop-up grows slowest in fiscal due to rates revamp
India's Goods and Services Tax collection reached 1.70 lakh crore in November. This marks a modest 0.7% rise year-on-year. Officials state the growth pace exceeded expectations. The numbers reflect the initial full-month trend after GST rate adjustments. Experts believe consumption growth is offsetting some shortfalls. The government will monitor collections closely.