This statistic depicts the results of a survey among the Chief Financial Officers (CFO) from public and private sector companies across India regarding their most significant challenges during the implementation of the GST in 2018. During the survey period, 79 percent of the CFOs mentioned that the increased regulatory compliance posed as a big challenge they faced during GST implementation.
Challenges faced by CFOs during implementation of GST in India in 2018*
Among CFOs from private and public sector companies with revenues spanning from less than 5 billion Indian rupees to more than 100 billion Indian rupees.
Supplementary notes
*According to the source, the survey identified prominent challenges that were of concern to CFOs in their quest to achieve growth in India during the implementation of the Goods and Services Tax (GST). CFOs were asked to give their top 2 challenges, thus the total is 200 percent.
The source does not specify the date of survey. The date given is the date of publication.
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Deloitte. (June 7, 2018). Challenges faced by CFOs during implementation of GST in India in 2018* [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/984195/gst-implementation-challenges-among-cfos-india/
Deloitte. "Challenges faced by CFOs during implementation of GST in India in 2018*." Chart. June 7, 2018. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/984195/gst-implementation-challenges-among-cfos-india/
Deloitte. (2018). Challenges faced by CFOs during implementation of GST in India in 2018*. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/984195/gst-implementation-challenges-among-cfos-india/
Deloitte. "Challenges Faced by Cfos during Implementation of Gst in India in 2018*." Statista, Statista Inc., 7 Jun 2018, https://www.statista.com/statistics/984195/gst-implementation-challenges-among-cfos-india/
Deloitte, Challenges faced by CFOs during implementation of GST in India in 2018* Statista, https://www.statista.com/statistics/984195/gst-implementation-challenges-among-cfos-india/ (last visited December 03, 2024)
Challenges faced by CFOs during implementation of GST in India in 2018* [Graph], Deloitte, June 7, 2018. [Online]. Available: https://www.statista.com/statistics/984195/gst-implementation-challenges-among-cfos-india/
