New Study Shows Bottom 50% Bear Undue GST Burden

New Delhi: The bottom 50% of Indian consumers pay the same amount of Goods and Services Tax (GST) as the middle 30%, a new study by a Delhi-based think tank has shown. The study, authored by Sacchidananda Mukherjee of National Institute of Public Finance and Policy (NIPFP), used data from the Household Consumption Expenditure Survey (HCES) for 2022-23 to analyse the impact of the indirect tax regi…