Tax Reform
Recent Highlights
All Stories for Tax Reform
GST effect: Complexities of new tax reform drive small enterprises out of business; many laid off despite growth
•The GST replaced several federal and local taxes and tore down tariff barriers between India’s 29 states, but critics say that has been to the benefit mainly of large, nationwide businesses.
One year of GST: Government could push a raft of anti-evasion measures if compliance or collections dip
Msmani •Several changes in GST compliance during the initial phase had disturbed businesses and hence there would be a conscious effort to reduce the level of compliances in the coming year
State of the economy: Why the govt should urgently ease GST compliance burden for small traders
Dinesh Unnikrishnan123 •Four months after the GST roll out, there is a big political debate going on between the ruling Bharatiya Janata Party (BJP) and Congress-led Opposition party with respect to the impact of GST on various businesses.
Is Arvind Subramanian stupid too, P Chidambaram asks Narendra Modi after his 'GST' jibe at Congress
Ians •Defending his party's stand demanding to cap of GST at 18 percent, P Chidambaram on Thursday hit back at Prime Minister Narendra Modi.
Trade deficit widens sharply to $14 bn October: Why glitches in GST continue to plague small exporters
Sindhu •In value terms, these small and micro industries comprise 40-45 percent of India’s total export basket whereas in volume terms, their share is even higher, which is why they have the most to lose from GST glitches
Rahul Gandhi’s ‘Gabbar Singh Tax’ jibe: Why Congress vice-president should end theatrics and offer solutions
Dinesh Unnikrishnan123 •The mistake Gandhi does often is to forget to ask the real questions and confine himself to theatrics in his public rallies, thus harming his own brand and leaving questions on his political acumen.
Vice-President Venkaiah Naidu calls GST 'India's most revolutionary tax reform ever'
•Vice-President Venkaiah Naidu said discussions on economy and GST should go on and that such debates and consultations are always good for democracy
Congress holds anti-GST protests in Delhi, claims new tax regime is robbing youth of employment
•The Congress Sunday protested the Centre's GST, claiming that the new tax regime is "robbing" employment opportunities from the youth and causing inflation
Arun Jaitley says GST rolled out in nation's interest, will not blink twice if reforms benefit India
Ians •Addressing a GST Conclave in Chennai, Arun Jaitley said that the GST was not an easy tax reform to implement and there are people who wanted to stall reforms.
Delhi Congress to launch anti-GST campaign to raise awareness on adverse effects of tax scheme
•The Delhi Congress will launch a week-long anti-GST campaign on 30 July at all the major markets of the city, intensifying its agitation against the "wrong implementation" of the new tax regime, it said on Monday