Post
Topic
Board Economics
Re: April 2021 set a new record India. How much effect in Indian economy?
by
mersal
on 04/05/2021, 19:44:51 UTC
April 2021 set a new record of Rs. 1,41,384 crore in GST collection in india.
Despite the second wave of COVID-19 pandemic effecting several parts of the country.
Indian business have once again shown remarkable resilience by not only complying with the return filing requirements but also paying their GST dues in a timely manner during the month.
     The finance ministry said in a statement.

 IT good for county economic?

India collected world record tax just because of their high tax rate and tax for everything not from any improvement in their economic improvements in their infrastructure. Even most of the economists accepted that the implementation of GST in India killed a lot of small business and also mentioned by the articles all over the world. This is an example to the world of what will happen when you give powers to illiterate people as leaders.