1.0Kamal Sandeshhttps://kamalsandesh.orgkamalsandeshhttps://kamalsandesh.org/author/kamalsandesh/GST leads to Formalization of Economy and Widening of Tax Base » Kamal Sandeshrich600338<blockquote class="wp-embedded-content" data-secret="u6DGLnQ4at"><a href="https://kamalsandesh.org/gst-leads-formalization-economy-widening-tax-base/">GST leads to Formalization of Economy and Widening of Tax Base</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://kamalsandesh.org/gst-leads-formalization-economy-widening-tax-base/embed/#?secret=u6DGLnQ4at" width="600" height="338" title="“GST leads to Formalization of Economy and Widening of Tax Base” — Kamal Sandesh" data-secret="u6DGLnQ4at" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://kamalsandesh.org/wp-content/uploads/2018/06/GST-leads-to-Formalization.png800450The Historic tax reform, Goods and Service Tax (GST), has resulted in formalization of economy and consequently information flow would eventually augment not only the Indirect Tax collections but also Direct Tax collections. In the past, the Centre had little data on small manufacturers and consumption because the excise was imposed only at the manufacturing