Gormint Mathematics:— V. Anand | வெ. ஆனந்த் (@iam_anandv) December 11, 2019
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!!!
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