GSTN to go live on Account Aggregator ecosystem before July 1

The Goods and Services Tax Network (GSTN), which is the technology interface between government and taxpayers, is due to be integrated with the country’s ambitious financial data sharing network — Account Aggregator—before July 1, according to top officials overseeing the process.

This can significantly reduce friction in credit disbursement as it will enable small businesses to authorise lenders to access their tax records along with other financial information on a single platform.

The AA system is part of the array of Digital Public Infrastructure (DPI) that India has launched in recent years including others such as the Unified Payments Interface (UPI).