{"id":3332,"date":"2025-05-22T02:13:57","date_gmt":"2025-05-22T02:13:57","guid":{"rendered":"https:\/\/tat.capital\/?p=3332"},"modified":"2025-07-15T02:13:10","modified_gmt":"2025-07-15T02:13:10","slug":"gst-to-transform-india","status":"publish","type":"post","link":"https:\/\/tat.capital\/?p=3332","title":{"rendered":"GST to Transform India"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3332\" class=\"elementor elementor-3332\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8d76264 e-flex e-con-boxed e-con e-parent\" data-id=\"8d76264\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e374345 elementor-widget elementor-widget-heading\" data-id=\"e374345\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">GST to Transform India<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea90f59 hfe-post-info-layout-inline elementor-widget elementor-widget-post-info-widget\" data-id=\"ea90f59\" data-element_type=\"widget\" data-widget_type=\"post-info-widget.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"hfe-post-info-inline hfe-post-info-items hfe-post-info\">\n\t\t\t\t\t<li class=\"hfe-post-info-item elementor-repeater-item-a722cf3 hfe-post-info-inline-item\" itemprop=\"datePublished\"> \n\t\t\t\t\t\t\t<a href=\"https:\/\/tat.capital\/?m=20250522\">\n\t\t\t\n\t\t\t\t\t<span class=\"hfe-post-info-text hfe-post-info__item hfe-post-info__item--type-date\">\n\t\t\t\n\t\t\t\t\t\t\tMay 22, 2025\t\t\t\t\t<\/span>\n\t\t\n\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"hfe-post-info-item elementor-repeater-item-3a5b9d0 hfe-post-info-inline-item\"> \n\t\t\t\n\t\t\t\t\t<span class=\"hfe-post-info-text hfe-post-info__item hfe-post-info__item--type-time\">\n\t\t\t\n\t\t\t\t\t\t\t2:13 am\t\t\t\t\t<\/span>\n\t\t\n\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-02f5f20 elementor-widget elementor-widget-heading\" data-id=\"02f5f20\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Guest Post: By India Avenue Investment Management<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a771615 elementor-widget elementor-widget-text-editor\" data-id=\"a771615\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<blockquote style=\"margin: 0px; padding: 0px; color: #888888; font-style: normal; font-weight: 400; text-align: center; font-size: 13.92px;\"><p style=\"margin-bottom: 15px; text-align: left; font-size: 17px;\"><span style=\"margin: 0px; padding: 0px; font-weight: 600;\">From our latest Mumbai office note, we&#8217;ve explored\u00a0GST&#8217;s transformational effects on India,\u00a0where we highlight why many listed Indian businesses will create significant wealth for investors during this period of momentum!<\/span><\/p><\/blockquote><p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\">India\u2019s Prime Minister, Narendra Modi introduced India\u2019s biggest tax reform, GST on July 1st, 2017. GST subsumed the existing multiple tax rates on goods and services across the country into a single tax system. In one year, GST has seen a shift towards formalisation of the Indian economy with 11.2 million businesses registered (up 40%), widening of the tax base, monthly revenue of Rs. 896 billion (AU$ 17.9 billion) till March\u201918, improvement in compliance and a free flow of tax credits resulting in reduced prices for consumers.<\/p><p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\">Until now, India has been a low tax revenue economy, as a large portion of income is generated by small and medium sized companies who are often provided with tax exemptions. Furthermore, a large part of the economy belongs to the informal sector, and as such pay little to no tax. Unsurprisingly, India\u2019s tax to GDP ratio in fiscal year 2018 stood at 11.6%.<\/p><p style=\"margin-bottom: 15px; color: #888888; font-size: 16px; font-style: normal; font-weight: 400;\">The launch of GST has seen a rise in tax collections to Rs. 956 bn (AU$ 19.1 bn) in June 2018 and 68.4 million people filing income tax returns.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-10f7daf elementor-widget elementor-widget-button\" data-id=\"10f7daf\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/tat.capital\/wp-content\/uploads\/2025\/06\/GST_to_Transform_India.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">View Report<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>GST to Transform India May 22, 2025 2:13 am Guest Post: By India Avenue Investment Management From our latest Mumbai [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3812,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_canvas","format":"standard","meta":{"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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