Taxation

Rupak De Chowdhuri / Reuters

Making GST Work: Walk Before You Run

At present, tax administration in India works poorly. We do not know how to build a capable and uncorrupt tax administration. In the absence of this State capacity, we should start with a GST design that imposes a low load upon tax administration. Only after this is proven to work at high levels of probity and operational efficiency can we consider the possibility of going up to higher levels of load.
Rupak De Chowdhuri / Reuters

How Will GST Impact The Economy And The Common Indian Consumer?

It's been raining hallelujahs all over the country ever since Parliament passed the GST Bill on Wednesday. There is much exultation about a uniform tax platform which will be beneficial to growth, provide uniformity in compliance, and herald an all-round seamless structure in all matters tax. How much of this is actually true, though, lies in the finer points of the impact of the GST on the average consumer (that's us) and the GDP of the country.

The Rajya Sabha Is Not The Biggest Hurdle Facing The GST Bill

Even if it is assumed that the GST Bill is passed in the Monsoon Session of Parliament, there are numerous obstacles in its final implementation. Much of the focus is on the stubborn Opposition digging in its heels in the Upper House, but there are other practical problems too that have not yet become a part of the popular GST narrative.
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Why Sound IT Systems Will Be The Backbone Of A Successful GST Rollout In India

The Goods and Service Tax Network (GSTN) has awarded a contract worth ₹1380 crore to Infosys Technologies to build a system which will be the IT interface for implementing the GST. This interface will take care of harnessing the entire input credit system, the Permanent Account Number (PAN)-based registrations, compliance requirements, tax payments etc and will be the nerve centre for the entire GST levy.