Here's Why GST Is A Big Achievement And A Game Changer скачать в хорошем качестве

Here's Why GST Is A Big Achievement And A Game Changer

India has backed a multi-tier national tax regime that even in its not-so-perfect form will be a game-changer for Prime Minister Narendra Modi, who is trying to revive manufacturing and boost foreign investment in the world’s fastest growing major economy. Moving away from the ‘one market, one rate’ tax model, the Goods and Services Tax Council decided on standard rates of 12 percent and 18 percent and two more rates of 5% and 28 percent for the tax’s implementation. Analysts believe that the progressive nature of the GST structure should temper any adverse short-term inflationary and growth impacts. Pratik Jain, Indirect Tax Leader, PricewaterhouseCoopers said the government should attempt over a period of time to consolidate those four slabs into two. Read More: http://www.financialexpress.com/econo...