Economists and commentators point to the multiple rates structure, high tax slabs and the complexity of tax filings as the problems underpinning India’s GST. These were indeed the initial problems in the way GST was implemented, leading to some of its current woes. But now, GST has a more fundamental problem — the erosion of ‘trust’ and ‘trustworthiness’ between the States and the Centre. (Read More)
Did you check the recent updates in Issues-in-News?