GST and the differential effects across states
Published in The Economic Times
India made the biggest tax system reform in its history when it transitioned to the goods and service tax (GST) regime on Friday night. This is not only a change in the tax system, but this will also usher a big change in the federal system in the country. The states are giving up arguably much of their most important power: to impose taxes. So, on balance, will we, the people, be better off?
THE FULL ARTICLE IS AVAILABLE AT: Economic Times