35% of businesses registered in GST pay no tax: Arun Jaitley
Finance Minister Arun Jaitley has said that 35% of people who have filed GST returns have mostly not paid any tax. Around 4 lakh people contribute 95% of the GST collections, he added. He further said it is important to continue the structural changes towards making the economy more formalised and GST more rationalised looking at global tax rates.