Revolutionary Raja Ram for Tax & Economic Reforms

@abhishekrajaram

almost 3 years ago

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GST evasion detection nearly doubles to Rs 1.01 lakh cr in FY23. The government has said that the detection of GST evasion has nearly doubled to Rs 1.01 lakh crore in the financial year 2022-23.

This is a significant increase from the detection of Rs 51,000 crore in the previous financial year.

The government has attributed the increase in detection to the following factors:

Increased use of technology: The government has increased the use of technology to detect GST evasion. For example, the government has started using data analytics to identify taxpayers who are at a higher risk of evasion.

Cooperation of taxpayers: The government has also received cooperation from taxpayers in detecting evasion. For example, some taxpayers have come forward to disclose their past evasions.

The increase in detection of GST evasion is a positive development. It shows that the government is serious about enforcing the GST law and that taxpayers are taking the law seriously.

This will help to ensure that the GST system is fair and that all taxpayers are paying their fair share of taxes.

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