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Tax mop-up showing signs of pick up, economy on revival path: Finance Secy

Pandey said the generation of e-way bills, needed for transportation of goods, is back to pre-Covid levels and online payments have risen exponentially

Ajay Bhushan Pandey, Revenue Secretary
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Pandey said the generation of e-way bills went up 21 per cent in October, while the number of e-invoice generation touched 2.9 million IRNs (Invoice Reference Numbers) a day

Press Trust of India New Delhi
In signs of the economy continuing to reflate, the government's tax collections have picked up and high-frequency activity indicators continue to improve on the back of the government's targeted Covid-19 stimulus, Finance Secretary Ajay Bhushan Pandey said.

In an interview with PTI, Pandey said the generation of e-way bills, needed for transportation of goods, is back to pre-Covid levels and online payments have risen exponentially.

Collection of Goods and Services Tax (GST), levied when a product is consumed or a service is rendered, has risen for the second month in a row.

"The (tax collection) trend shows that it did decline for the