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India's shadow economy struggles under new GST

Economic chaos as newly high rates drag millions of small-time shopkeepers, manufacturers into tax net

Published Sun, Jul 23, 2017 · 09:50 PM
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New Delhi

SHOPKEEPER Alauddin Ansari opens a paper ledger of daily sales at his small leather shop on the edge of one of India's biggest slums and points to a blank page. That was his tally for the day. Nothing.

Before Indian Prime Minister Narendra Modi introduced the country's new goods and services tax (GST) on July 1, Mr Ansari was earning 6,000 rupees (S$128) a day, he said, selling leather jacke…

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