Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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                            <div align="justify">-Livemint.com<br /><br /><em>Tax collections from goods and services tax (GST) have been underwhelming, and the government is set to miss this year&rsquo;s fiscal deficit target<br /><br />Mumbai:</em> Widening the tax base and collecting more taxes has been a priority for the current government at the centre. This government&rsquo;s two major economic disruptions&mdash;the introduction of goods and services tax (GST) and demonetisation&mdash;were justified in the name of raising tax compliance among other things. However, these moves have not exactly turned out as planned and the government is set to miss its fiscal deficit target for 2018-19.<br /><br />The Economic Survey released by the finance ministry earlier this year had lauded GST for widening the indirect tax base. The number of indirect tax payers rose by 50% in the first six months of GST implementation, estimated the survey, partly attributable to many small enterprises voluntarily choosing to be part of GST in order to avail input tax credits.<br /><br />However, even with the wider base, GST collections have been underwhelming. Centre&rsquo;s total indirect tax collections in the post-GST era shows a marked decline. Indirect tax collections (accruing to the centre) in April to September 2018 grew by only 1.8% from a year earlier, much slower than the 5.6% growth seen in 2017-18 full year and even lower than above 20% growth witnessed in the previous two years.<br /><br />Prior to GST rollout in July 2017, the centre&rsquo;s indirect taxes mainly consisted of customs duties, excise duties and service tax, almost in equal proportion. Now, more than 60% of centre&rsquo;s indirect tax revenue comes from GST.<br /><br />While indirect tax collections have lagged, direct tax collections have been robust. Evidently, the demonetisation shock in November 2016 did lead to an increase in income tax collections&mdash;both from individuals and firms. <br /><br />Please <a href="https://www.livemint.com/Industry/pkS48kM47yZbxS49jL6MSN/How-GST-and-demonetisation-impacted-government-finances.html?fbclid=IwAR3qp2AR4xHNqb2IPJWieLNCZZl7JOZi4mbT4fmiunZBh8MPXKQSj4cdo78" title="https://www.livemint.com/Industry/pkS48kM47yZbxS49jL6MSN/How-GST-and-demonetisation-impacted-government-finances.html?fbclid=IwAR3qp2AR4xHNqb2IPJWieLNCZZl7JOZi4mbT4fmiunZBh8MPXKQSj4cdo78">click here</a> to read more.</div>                                                           
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                            <div align="justify">-Livemint.com<br /><br /><em>Tax collections from goods and services tax (GST) have been underwhelming, and the government is set to miss this year&rsquo;s fiscal deficit target<br /><br />Mumbai:</em> Widening the tax base and collecting more taxes has been a priority for the current government at the centre. This government&rsquo;s two major economic disruptions&mdash;the introduction of goods and services tax (GST) and demonetisation&mdash;were justified in the name of raising tax compliance among other things. However, these moves have not exactly turned out as planned and the government is set to miss its fiscal deficit target for 2018-19.<br /><br />The Economic Survey released by the finance ministry earlier this year had lauded GST for widening the indirect tax base. The number of indirect tax payers rose by 50% in the first six months of GST implementation, estimated the survey, partly attributable to many small enterprises voluntarily choosing to be part of GST in order to avail input tax credits.<br /><br />However, even with the wider base, GST collections have been underwhelming. Centre&rsquo;s total indirect tax collections in the post-GST era shows a marked decline. Indirect tax collections (accruing to the centre) in April to September 2018 grew by only 1.8% from a year earlier, much slower than the 5.6% growth seen in 2017-18 full year and even lower than above 20% growth witnessed in the previous two years.<br /><br />Prior to GST rollout in July 2017, the centre&rsquo;s indirect taxes mainly consisted of customs duties, excise duties and service tax, almost in equal proportion. Now, more than 60% of centre&rsquo;s indirect tax revenue comes from GST.<br /><br />While indirect tax collections have lagged, direct tax collections have been robust. Evidently, the demonetisation shock in November 2016 did lead to an increase in income tax collections&mdash;both from individuals and firms. <br /><br />Please <a href="https://www.livemint.com/Industry/pkS48kM47yZbxS49jL6MSN/How-GST-and-demonetisation-impacted-government-finances.html?fbclid=IwAR3qp2AR4xHNqb2IPJWieLNCZZl7JOZi4mbT4fmiunZBh8MPXKQSj4cdo78" title="https://www.livemint.com/Industry/pkS48kM47yZbxS49jL6MSN/How-GST-and-demonetisation-impacted-government-finances.html?fbclid=IwAR3qp2AR4xHNqb2IPJWieLNCZZl7JOZi4mbT4fmiunZBh8MPXKQSj4cdo78">click here</a> to read more.</div>                                                           
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Tax collections from goods and services tax (GST) have been underwhelming, and the government is set to miss this year&rsquo;s fiscal deficit target

Mumbai: Widening the tax base and collecting more taxes has been a priority for the current government at..." />
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                            <div align="justify">-Livemint.com<br /><br /><em>Tax collections from goods and services tax (GST) have been underwhelming, and the government is set to miss this year&rsquo;s fiscal deficit target<br /><br />Mumbai:</em> Widening the tax base and collecting more taxes has been a priority for the current government at the centre. This government&rsquo;s two major economic disruptions&mdash;the introduction of goods and services tax (GST) and demonetisation&mdash;were justified in the name of raising tax compliance among other things. However, these moves have not exactly turned out as planned and the government is set to miss its fiscal deficit target for 2018-19.<br /><br />The Economic Survey released by the finance ministry earlier this year had lauded GST for widening the indirect tax base. The number of indirect tax payers rose by 50% in the first six months of GST implementation, estimated the survey, partly attributable to many small enterprises voluntarily choosing to be part of GST in order to avail input tax credits.<br /><br />However, even with the wider base, GST collections have been underwhelming. Centre&rsquo;s total indirect tax collections in the post-GST era shows a marked decline. Indirect tax collections (accruing to the centre) in April to September 2018 grew by only 1.8% from a year earlier, much slower than the 5.6% growth seen in 2017-18 full year and even lower than above 20% growth witnessed in the previous two years.<br /><br />Prior to GST rollout in July 2017, the centre&rsquo;s indirect taxes mainly consisted of customs duties, excise duties and service tax, almost in equal proportion. Now, more than 60% of centre&rsquo;s indirect tax revenue comes from GST.<br /><br />While indirect tax collections have lagged, direct tax collections have been robust. Evidently, the demonetisation shock in November 2016 did lead to an increase in income tax collections&mdash;both from individuals and firms. <br /><br />Please <a href="https://www.livemint.com/Industry/pkS48kM47yZbxS49jL6MSN/How-GST-and-demonetisation-impacted-government-finances.html?fbclid=IwAR3qp2AR4xHNqb2IPJWieLNCZZl7JOZi4mbT4fmiunZBh8MPXKQSj4cdo78" title="https://www.livemint.com/Industry/pkS48kM47yZbxS49jL6MSN/How-GST-and-demonetisation-impacted-government-finances.html?fbclid=IwAR3qp2AR4xHNqb2IPJWieLNCZZl7JOZi4mbT4fmiunZBh8MPXKQSj4cdo78">click here</a> to read more.</div>                                                           
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How GST and demonetisation impacted govt finances -Tadit Kundu

Published on Nov 6, 2018   Modified on Nov 6, 2018

-Livemint.com Tax collections from goods and services tax (GST) have been underwhelming, and the government is set to miss this year’s fiscal deficit target Mumbai: Widening the tax base and collecting more taxes has been a priority for the current government at the centre. This government’s two major economic disruptions—the introduction of goods and services tax (GST) and demonetisation—were justified in the name of raising tax compliance among other things. However, these moves have not exactly turned out as planned and the government is set to miss its fiscal deficit target for 2018-19. The Economic Survey released by the finance ministry earlier this year had lauded GST for widening the indirect tax base. The number of indirect tax payers rose by 50% in the first six months of GST implementation, estimated the survey, partly attributable to many small enterprises voluntarily choosing to be part of GST in order to avail input tax credits. However, even with the wider base, GST collections have been underwhelming. Centre’s total indirect tax collections in the post-GST era shows a marked decline. Indirect tax collections (accruing to the centre) in April to September 2018 grew by only 1.8% from a year earlier, much slower than the 5.6% growth seen in 2017-18 full year and even lower than above 20% growth witnessed in the previous two years. Prior to GST rollout in July 2017, the centre’s indirect taxes mainly consisted of customs duties, excise duties and service tax, almost in equal proportion. Now, more than 60% of centre’s indirect tax revenue comes from GST. While indirect tax collections have lagged, direct tax collections have been robust. Evidently, the demonetisation shock in November 2016 did lead to an increase in income tax collections—both from individuals and firms. Please click here to read more.

Livemint.com, 5 November, 2018, https://www.livemint.com/Industry/pkS48kM47yZbxS49jL6MSN/How-GST-and-demonetisation-impacted-government-finances.html?fbclid=IwAR3qp2AR4xHNqb2IPJWieLNCZZl7JOZi4mbT4fmiu

Tagged with: Goods and Services Tax Goods and Services Tax (GST) Indirect Tax Collection

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