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Record GST mop-up to removing retro tax law, a year of many firsts for rev dept

With tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country aspiring to become the world's favourite investment destination.
On the indirect taxes front, GST collection recorded stellar performance this year with five straight months of over <span class='webrupee'>₹</span>1 lakh crore mop-up till November. In April, the mop-up was the highest since the rollout of the new tax regime in July 2017 at <span class='webrupee'>₹</span>1,39,708 crore.(HT File)
On the indirect taxes front, GST collection recorded stellar performance this year with five straight months of over 1 lakh crore mop-up till November. In April, the mop-up was the highest since the rollout of the new tax regime in July 2017 at 1,39,708 crore.(HT File)
Published on Dec 23, 2021 11:39 AM IST
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