Goods and Service tax (GST) indeed was a very good theme for a convenient corruption-free regime. But instead of being Good and Simple as publicized by central government, faulty provisions and wrong implementation has made a ... read more
It’s been barely three months after the introduction of the Goods and Services Tax (GST), the good and simple tax law has been further simplified. The hon’ble Prime Minister also stated that the decisions taken by the GST Cou ... read more
Last week finance minister Arun Jaitley confirmed what one so far has heard sotto voce: that the goods and services tax (GST) Council is considering bringing real estate under the purview of the new indirect tax regime.
As a ... read more
GST is not ‘Make in India’ friendly. The IGST rates for imported material are not substantially higher than the core essential manufacturing inputs. This is a major policy aberration that needs to be corrected now that a unif ... read more
Driving change is important. But managing change is even more important. In a nation where politicians and bureaucrats always believed that they know the best, it is welcome to find quick changes and not policy paralysis when ... read more
Though there’s no denying the fact that the long-term benefits of GST outweigh the short-term disruptions involved in the immediate aftermath of its implementation, many sectors bore the brunt of the adjustment pangs, and for ... read more