The Goods & Services Tax Debate in India: Concepts and Issues
Published By: ISAS, NUS | Published Date: February, 05 , 2016The chequered but ongoing political efforts to introduce a uniform Goods & Services Tax (GST) throughout India should actually be seen through a larger economic prism. The current sense of urgency, regardless of the web of politics in which this move is caught, can be explained by a simple but important expectation. The GST can indeed be a game changer for trade among India’s sub-national states, because the measure, as conceived, is likely to contribute at least one percentage point to the growth in the country’s Gross Domestic Product (GDP).
Author(s): S Narayan | Posted on: Feb 19, 2016 | Views()