India: Potential Revenue Losses associated with Trade misinvoicing

In a comprehensive study on the level of trade misinvoicing in India in 2016, GFI found that the estimated potential tax revenue losses to the Indian Government that year is USD 13.0 billion, equivalent to 5.5 % of the value of India’s total government revenue collections in 2016. Using a trade gap analysis, GFI was … More India: Potential Revenue Losses associated with Trade misinvoicing