Gormint Mathematics

Gormint Mathematics:
1. Our estimated GST revenue is 1L crore a month (50% miss on average).
2. Increase in GST Rate by 1% will increase revenue by 1,000 Crore, even when growth is sliding to < 4%
3. Tax increase will not affect demand.

Harvard should teach this!!!

— V. Anand | வெ. ஆனந்த் (@iam_anandv) December 11, 2019