Understanding is not merely a product of objective analysis. It needs a perspective as well. The national debate on GST is a case in point. GST can not be admired and criticised merely based on Rs 10 or Rs15 toothpaste and shampoo. It has to be weighed upon a broader taxation policy perspective. …
Tag: One Nation One Tax
GST rollout: SMEs & industry veterans cheerfully put aside concerns
Heralding a new era in tax reforms, GST regime is finally here up and running, and despite initial skepticism, it has been hailed by the entire industry. Considered as a key factor in improving ease of doing business and paving the way for ‘One Nation-One Tax’, GST promises to make India one big …
Govt tries to assuage MSMEs fear on GST
With one nation one tax jibe, government is keen to implement the Goods and Services Taxes (GST) from next financial year but to make it acceptable for every sector is the most difficult challenge. GST Council meet, which is being held from October 18-20 to discuss tax rate, has also proposed a …