31 December 2018

GST Challenges Still Remain For One Nation One Tax

M Rajendran
India’s goods and services tax (GST) is an outcome of a successful functioning federal democracy. It is representative of every Indian, each political party and states. Three successive governments were involved in it - the NDA conceived it in 2000, the UPA conceptualized it in 2006, and NDA implemented it in 2017. Over the last several years, all state governments have communicated the people’s voice through various committees. And in the last 12 months, all state governments have contributed to its evolution by sitting in the high-powered GST Council meetings. Chaired by the Union Finance Minister, the GST Council also has the Union State Minister of Revenue or Finance and Ministers In-Charge of Finance or Taxation of the States. Mamta Rajput, an assistant professor at Delhi University is upset, as her home budget is hit with high prices after GST. Her apprehension about...
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