Widening of direct tax base

Notwithstanding demonetisation and GST, jury is still out on govt's ability to achieve this goal

Implementation of the goods and services tax (GST) from July 1, 2017,  is a huge step forward in uniform nation-wide collection of indirect taxes. Prime Minister (PM) Narendra Modi mentioned in his speech in Parliament on July 1 that GST would promote a “corruption free (indirect) taxation system”. Any number of experts have commented on the enhanced transparency of GST nudging India towards one market despite the implementation difficulties and disadvantages of multiple GST rates. 

Comparatively little has been said about evasion of direct taxes based on the familiar yet startling information included in PM Modi’s speech at the Chartered