Road to digital governance carved by GST

This may seem tough, but it will set the stage for India's $1-trillion economy target

Prakash Mallya 

Prakash Mallya The introduction of the goods and services tax (GST) may just be one of the most challenging reforms that the government has undertaken; a mountain that has not been scaled before, yet leading to a summit worth striving for. Let’s be cognisant of the fact that this is not the first time a country has attempted to overhaul its tax structure; several countries in Asia have been down this path before. In Malaysia, the government planned a similar new tax model in 2011, but because local businesses were not GST-ready and lacked an understanding of the impact it would have on day-to-day ...

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Read our full coverage on GST
First Published: Wed, September 20 2017. 22:40 IST