The GST cess shortfall – does tobacco hold the key?

Economic Times

The Government has announced several stimulus measures, to deal with the staggering impact of the  Coronavirus , including launching a Rs 20 lakh crore package to revive the economy and make India self-reliant. However, there is a significant downturn in  tax  collection in the domestic market, with declining consumption, a startled GDP and the overall plateauing of the nominal GDP.…

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