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GoM Mulls Measures to Curb GST Evasion
Financial Express Kochi
|July 05, 2025
AHEAD OF THE upcoming GST Council meeting, the Group of Ministers (GoM) on GST Revenue Analysis—chaired by Goa chief minister Pramod Sawant—met on Friday to deliberate on sector-specific tax leakages and potential corrective measures to address GST evasion estimated at over ₹2 lakh crore.
Key issues discussed included a comparative analysis of revenue trends before and after the introduction of GST, identification of sector-specific leakages, assessment of compliance enforcement tools, progress in e-invoicing adoption, IT system upgrades for better traceability, and state-wise policy suggestions to boost revenue. Improved coordination between Central and State tax administrations was also emphasized.
Esta historia es de la edición July 05, 2025 de Financial Express Kochi.
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MÁS HISTORIAS DE Financial Express Kochi
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