GST boosts Income Tax base

Crores of new taxpayers turn up; more than demonetisation, GST boosts Income Tax base If demonetisation’s impact on tax base has been below the high expectations, the goods and services tax (GST) seems to have done far better. As the comprehensive indirect tax has opened new channels of audit trails, crores of new taxpayers have turned up. According to an FE estimate, the number of income tax asse…