Saturday, April 28, 2018

GST nets Rs. 7.19 lakh cr. revenue in FY18

“The average monthly collection under GST for FY18 was around Rs. 90,000 crore, [implying] a deficit of approximately 24% in reference to the estimations for this financial year, i.e., for FY 2018-19,” Abhishek Jain, tax partner at EY India wrote in a note. While the deficit was “apparently perturbing”, it was ...

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