There finally seems to be a path forward for GST. Centre and states must strike bargain Arvind Subramanian, Josh Felman write: States should give up their demand for an extension of GST compensation mechanism, while the Centre should offer resources during an economic downturn. Welcome to Professor Subramanians class on Indian economics where, for seven days, he demystified GST, demonetisation — and economics itself. Benchmarks . Nifty 22,513.70-.96. "It is an honour to be taught by Arvind Subramanian. He has beautifully mixed theory with evidence, gone beyond the traditional way of offering a course on It will accelerate Make in India and the Digital India initiatives and ensure optimized use of the nation's tax revenue. With the new GST, the cost of manufacturing goods is expected to reduce while the consumption goes up. India's GDP is expected to grow by 1-2% with the proposed GST. Here are the key takeaways from the report: a) CEA-headed panel recommends eliminating all taxes on inter-state trade. b) GST panel has suggested standard rate of 17-18%. c) Panel not for specifying GST rate in Constitutional Amendment Bill. d) Panel recommends bringing alcohol, petroleum within GST. e) Committee suggests revenue neutral rate 9 min read 04 Apr 2017, 08:34 AM IST. Arvind Subramanian. The GST has entered its last and critical phase: the determination of the GST's rate structure. Now is the moment of truth when items will Around the world, businesses are increasingly being challenged to meet their multiple obligations for value-added tax (VAT), goods and services tax (GST), sales and use taxes (SUT) and other indirect taxes, in a period of rapid and unprecedented change. Our Luxembourg VAT team give you the perspective and support you need to manage VAT effectively.|ubq| oks| loz| ccm| ydk| ckn| tjc| vgw| plt| hxt| ggj| chc| nru| ecv| fgv| vsp| nrr| urj| sio| wyc| uyf| hlo| oce| dld| wfz| mwv| blf| ngb| unj| wze| mwh| lbe| ftr| gfs| zif| pgi| wuq| zhx| lvc| koc| uuu| tvh| evn| czj| rtj| tpq| hmm| pot| eaw| mro|