GST, note ban brought 1.8 mn more people into I-T net: India

GST, note ban brought 1.8 mn more people into I-T net: India

India has informed the UN that the Goods and Services Tax reform implemented by it, coupled with the demonetisation of high-value currency notes, has brought 1.8 million more people into the income-tax net.Additional Secretary in the Ministry of External Affairs A Gitesh Sarma, addressing the ECOSOC Forum on Financing for Development Follow Up, said India is currently implementing a wave of reforms.

The Mint, New Delhi, 28th April 2018

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RBI deputy governor cautions fintech platform lenders on privacy concerns during loan recovery

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