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Govt halts monthly GST releases as high collections

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jstmails.com

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Fri, Aug 2, 2024 11:18 AM

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Embarrassment of riches? Govt halts monthly GST releases as high collections ‘creating resentme

Embarrassment of riches? Govt halts monthly GST releases as high collections ‘creating resentment’ The Narendra Modi-led government appears to be facing a problem of plenty when it comes to the Goods and Services Tax (GST). GST collections have been so robust over the past year or so that it has prompted the Ministry of Finance to discontinue issuing monthly press releases of the data. The reason? The high collections were breeding resentment among the public, who felt the government was collecting too much tax. Therefore, the Ministry of Finance decided to do away with the official press release — which also contains the state-wise breakup of GST collections — and instead only disclose the gross figures, two senior officials in the ministry told ThePrint. [Read more](/dHJpc3RyYW1iYWxkd2luODVAZ21haWwuY29t/aHR0cHMlM0ElMkYlMkZ0aGVwcmludC5pbiUyRmVjb25vbXklMkZlbWJhcnJhc3NtZW50LW9mLXJpY2hlcy1nb3Z0LWhhbHRzLW1vbnRobHktZ3N0LXJlbGVhc2VzLWFzLWhpZ2gtY29sbGVjdGlvbnMtY3JlYXRpbmctcmVzZW50bWVudCUyRjIxNTY4NTIlMkY=) In order to unsubscribe from this mailing list, please click, please Click [here](/dHJpc3RyYW1iYWxkd2luODVAZ21haWwuY29t)

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