India's GST reform promises major economic rewards
Although by no means perfect, the GST reform constitutes the first serious overhaul of India's outdated taxation system
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In this article
- Procedural steps
- Exemptions and local anomalies
- Economic consequences of GST
- Reducing certain prices
- Lowering transaction costs
- Streamlining the services sector
- Curbing the illicit economy
- Expanding the tax base
- Sectoral significance
- Renewables
- Telecommunications and tourism
- Political significance
- Regional parties
- Congress
- Replicating the GST's success?
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