• Organised sector outsourcing the work to contractors
• Security jobs outsourced to contractors on contractors
• The defining feature of the informal economy is its inscrutability, that it is beyond official ken. GST is poised to rip apart that concealing veil. In the GST regime, there is a compulsion for all units to be registered with the GST Network and to file returns and upload invoices. If they do not, no one will buy from them.
Bank Branch outsourcing printing work to an unorganised small
• With GST, the incentive for firms to remain small and unorganised has reduced. The incentive to operate in the cash economy shall further diminish as more industrial sectors wherein the impact has been felt relatively less, such as the building material and plastic goods industries, are brought into the GST net and the remaining loopholes to evade taxes are plugged.