How Modi govt can stabilise GST regime and improve the direct tax system

The next step should be pruning of the tax rates further by clubbing few rates, says Pratik P Jain

Pratik P Jain & Dinesh Kanabar 

Experts share their take on the steps required to stabilise the Goods and Services Tax regime and improve the direct tax system Don’t complicate GST by introducing new levies GST, the most Pratik P Jain radical tax reform post-independence, is still stabilising, which is not unexpected given the magnitude of changes that it brought about. The primary goal of ease of doing business is yet to be accomplished.

The new tax regime requires technology infrastructure to manage the massive scale of compliances, adding to the woes of taxpayers. However, ...

First Published: Sun, May 27 2018. 20:51 IST