The study, authored by Sacchidananda Mukherjee of National Institute of Public Finance and Policy (NIPFP), used data from the Household Consumption Expenditure Survey (HCES) for 2022-23 to analyse the impact of the indirect tax regime on consumption.
It found that both the bottom 50% and the middle 30% of Indian consumers living in rural areas shared 31% of the GST burden. Similarly, in urban areas, the bottom half and the middle 30% groups faced 29% and 30% of the GST burden respectively.
According to the Indian Express, the findings of this study contradict a 2023 Oxfam report that said the poorest 50% of Indians were paying two-thirds of the total GST collection while the richest 10% accounted for a mere 3-4%.
The Union government told the parliament on Tuesday that nearly Rs 99,000 crore were foregone in corporate tax revenue in 2023-24 on account of tax incentives extended to corporates.
24/07/2025