GST overhaul: What to expect, when to expect?

 GST Council should make GoM reports public and decide the next course of action fast so that the country has the revenue cushion to absorb economic shocks.

gst


As India steps into a new financial year, the indirect tax system of the country is gearing up for a structural and administrative overhaul.

In July this year, the goods and services tax (GST) will complete five years of operation, and the buzz is getting louder that the levy structure will be fine-tuned to plug loopholes and bring it in sync with the economic imperatives of a post-Covid world. Even as speculations swirl on the possible rejig, a key change will..

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