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HomeGST NEWSRs 7,800-crore revenue loss on tax-related relief measures

Rs 7,800-crore revenue loss on tax-related relief measures

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With various announcements in tax compliance measures, the government had suffered loss of Rs.7,800crore in revenue since March, 22. However, this loss is marginal if compared to the size of the stimulus (21 lakh crore). This does not include compensation dues owned by the central government to states, which stands at estimated `30,000 crore for the December-March period of the last fiscal.

https://www.financialexpress.com/economy/rs-7800-crore-revenue-loss-on-tax-related-relief-measures/1962330/

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