Rs 2 lakh crore bonanza: GST's one-year old tax gift showing up in cars, TVs and revenues

GST collections show economic activity holding up after the overhaul. Consumers are upgrading to better products and larger screen televisions. Automobile dispatches have remained particularly strong after the tax changes. FMCG companies saw an initial pickup in volumes after the GST changes. Geopolitical events and rising input costs present new challenges.