The adoption of the Goods and Service Tax (GST) could help raise India’s medium-term Gross Domestics Product (GDP) growth to over 8% and create a single national market for enhancing the efficiency of the movement of goods and services, the International Monetary Fund (IMF) said on February 22. A…
Tag: Rationalisation
Budget 2017: Cheer for SMEs after the pain of demonetisation
The Finance Minister has taken a bold position by increasing the fiscal deficit to 3.5% as against the initial expectation of 3% on the back of substantial increase in expenditure to boost Rural India, Infrastructure and various other growth projects. The key to success will be effective executio…