Search For "global financial integrity"
India has 3 pc of GDP escaping tax net: GFI report
Updated : 6 years, 2 months ago IST
Washington DC [USA], Mar 4 (ANI): India has the third highest trade-related illicit financial flow among 135 countries with 83.5 billion dollars (about Rs 6.08 lakh crore) -- or 3.05 per cent of gross domestic product (GDP) -- escaping the government's tax net, according to US-based think ta
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India lost $13 billion in revenue collections due to trade misinvoicing: G
Updated : 6 years, 12 months ago IST
.Washington DC [United States], June 4 (ANI): Potential tax revenue losses to the Indian government due to trade misinvoicing are estimated at 13 billion dollars in 2016, according to a study by think-tank Global Financial Integrity (GFI).
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