News
Seal GST with a KISS: ‘Keep It Simple, Stupid’ should be the watchword for GST reform
- Date:
- January 15, 2021
- Source:
- Times Of India
Late finance minister Arun Jaitley had announced in December 2018 that the sun would soon set on the 28% GST slab, except for luxury items. The country could look forward eventually to only two slabs, 5% and a standard rate between 12% and 18% (apart from exempt items). But he made haste slowly and tragically death overtook him prematurely in less than a year. He could not fulfil his assurances. G…