CAG Flags Revenue Loss of Rs 18,509.8 Crore Due to Tax Errors and Evasion

Last updated: 20 December 2024

The Comptroller and Auditor General (CAG) of India, in its latest report tabled in Parliament, highlighted widespread lapses in income tax assessments and GST compliance, causing a potential revenue loss of ₹18,509.8 crore. Key Findings 1. Income Tax Errors: The CAG identified 504 audit observat

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Category GST   Report

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