Centre’s Decision to Integrate GSTN with PMLA: Aiming for Enhanced Tax Monitoring
Key Development: GSTN and PMLA Integration The Central Government recently took a decisive step by bringing the Goods and Services Tax Network (GSTN) under the domain of the Prevention of Money Laundering Act (PMLA). As explained by revenue secretary Sanjay Malhotra, this move is aimed at bolstering the capacity of investigating agencies to address tax...
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Understanding GST Evasion in India: A Tangled Web of Fraud and the Unrelenting Pursuit of Fiscal Integrity
GST Evasion in India Goods and Services Tax (GST) implemented on 1 July 2017, represents one of the most profound fiscal reforms in the Republic of India. This reform is aimed at consolidating a multitude of indirect taxes into a singular and unified system. It was designed to enhance the ease of doing business, foster...
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