News
19 August 2019

India lost $13bn in 2016 through misinvoicing

Region:
Asia-Pacific

Global Financial Integrity (GFI) has published a comprehensive study which says India lost $13 billion in revenue through trade misinvoicing in 2016.The amount is 5.5% of the value of India’s total government revenue collections in 2016 according to the report, called India: Potential Revenue...

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