Despite the mayhem it caused, demonetisation benefited the Indian economy by triggering the growth of fintechs, techfins and gig platforms. Read more »
The growth in GST collections points to a recovery, but questions remain over the trajectory of Indian economy in the coming fiscal. Read more »
State governments should distance themselves from alcohol revenues and find other avenues to fund their activities. Read more »
While the first 37 meetings of the GST Council did not require voting, there have been instances of majority driven decision-making recently which could jeopardise the functioning of the GST regime. Read more »
Extreme centralisation or total decentralisation may not help contain the Covid-19 pandemic, but flexible Centre-state relations may. Read more »
The Narendra Modi government must take steps such as GST deferrals, relaxation of interest payments, duty exemptions, and faster tax refunds to help businesses tide over the Covid-19 crisis. Read more »
In the light of the gloomy economic growth forecasts, the government must announce big ticket GST sops to mitigate the crisis triggered by Covid-19. Read more »
Good news on the indirect tax collection front was eclipsed by a 3.6% contraction in IIP, and 5.52% higher retail inflation. Read more »
Bullish economic growth projections for the Indian economy will depend on financial sector risks, and the success of measures taken to curb the spread of Covid-19. Read more »
The GST completed its third year on June 30, 2020 and has been largely successful in its policy objectives in education. Read more »