News
The steel frame around the entire GST ecosystem is holding up
- Date:
- July 7, 2021
- Source:
- Economic Times
Any new system generally stabilises within five years, if all other things behave normally. However, the goods and services tax ( GST ) has had to face unprecedented challenges as it enters its fifth year. First, it had to contend with a minor global economic slowdown in 2019-20. And then, just as it was emerging out of it, the Covid-19 pandemic struck. GST, however,…