VAT news tagged as "Tax drop"

India

India GST blockers lead to 14% tax drop

January 3rd, 2018

Following the introduction of Goods and Services Tax in India on 1 July 2017, the government is still delayed in being able to capitalise on the new audit features of the tax. Since the launch of the tax replacing VAT, Service Tax and many other consumption taxes, tax revenues have started to fall off. Monthly …