*FINANCIAL NEWS* :- The reduced business activity in May due to lockdowns across states given the second COVID-19 wave the lowest GST collection comes at RS 98,249 crore. “During May’2021, most of the States/UTs were under either complete or partial lockdown due to COVID. The e-way bill data for the month of May 2021 shows that during the month, 3.99 crore e-way bills were generated as compared to 5.88 crore in the month of April 2021, down by more than 30%, ” the Union Finance Ministry said in a statement. It also added that in the manner the E-way bills generated with the turnover of 5.5 crores in June 2021, which shows the recovery of trade and business because of easing in lockdown and reduction in coronavirus cases. “The revenues for the month of June 2021 are 2% higher than the GST revenues in the same month last year,”
