Appraising India's sweeping tax reform on its 4th anniversary

Zhou Enlai, the Chinese Premier is said to have remarked when asked about the French Revolution, that it was ‘too early to tell’. This, remark perhaps apocryphal, was in 1972. This is even more true when discussing a sweeping tax reform like the Goods and Services Tax (GST) as it approaches just its fourth anniversary. However, anniversaries are opportune moments to savour the triumph, to analyse…