News
India’s GST is all tangled up
- Date:
- September 28, 2017
- Source:
- Live Mint
India’s new indirect tax system, which for the first time tries to standardize most taxes across this vast country’s many states, is proving to be even more difficult and disruptive to implement than first feared. That speaks to the unnecessary complexity the government’s introduced into what should have been the simplest of laws. Here’s what the goods and services tax, or GST, was supposed to be:…