First fix income tax to see GST run smoothly!
Unless Congress does well in the key state elections of 2018, it is looking at a dismal, resource constrained future.
The government has to ensure these efficiency and perception gains are not withered away all over again.
Here are the three reasons why the budget – the first one to be unveiled after the introduction of the goods and services tax (GST) – will be unique.
Many restaurants will look at this as an opportunity to make more money.
Fiscal 2018-19 will be the year GST will finally begin to work its wonders.
Four reasons why it is impossible to either cut taxes too much, or to bring petrol-diesel under GST anytime soon.
Elections or no elections, the economy’s problems need proper attention.
The government has a tough call to make as they seek to balance their fiscal considerations and consumer interests.
States felt very let down when VAT was introduced, as UPA did not compensate them honestly for losses suffered.
Businesses, State governments, people - all have adapted to the GST and are contributing to making it work.
UPA was too concerned about perfection of GST, when perfection was impossible to guarantee.
A half-crore new indirect taxpayers on account of GST could have substantially swelled the income tax base this year.
After looking at the GST achievements so far, Congress claims sound like sour grapes.
The assault on illegitimate political funding and real estate rackets will be the toughest reforms to enforce.
An October budget would not fall foul of the electoral code of conduct, which would start kicking in from March 2019.
Now that commercial checkpost is a thing of the past, lorry drivers are heaving a sigh of relief.
The government can now focus on increasing compliance and simplifying the GST further
The achievement, what remains to be done, and how to coherently think about it all.
Part one of Prime Minister Narendra Modi’s exclusive interview with Swarajya
The complex, earlier tax structure had fragmented India into 29 markets.
In short, we have seven non-zero rates, and these need to come down to five at the earliest.
If 2017-18 turns out to be a bonanza year for the economy, it means the gods are on the side of NaMo and India