GST, Income Tax data may be matched to check tax evasion; direct, indirect tax departments join hands

In order to facilitate smooth transfer and exchange of data including GST, excise, and customs, along with the personal income tax and corporation tax, the departments of direct and indirect tax have today signed a memorandum of understanding. The fresh MoU will likely create a landscape for more transparent and holistic information sharing, helping tax authorities to detect incidents of tax evasi…