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The new GST tax is on the agenda since 2011, as it is a major hindrance for moving goods across India's state boundaries. Each state has its own tax policy and regulations- a big headache for businesses. The Modi government faces a challenge in setting the rate for GST at a level that does not spark inflation, helps job growth and manufacturing. It is a big win not just for the Modi government but for India, even though it took so long to pass the legislation.
Grouped Articles
In a Victory for Modi, India Overhauls Its Tangled Tax System
The New York Times 08.03.2016
The Economist 08.06.2016
The Economist 03.07.2017
Study India’s GST implementation, Modi tells US business schools
http://www.hindustantimes.com/ 06.26.2017
India GST: Sweeping tax reform introduced - BBC News
BBC News 06.30.2017
Big firms in India face new competition
The Economist 08.26.2017
Timely recognition: on the Moody's upgrade
The Hindu 11.17.2017
Consumer price inflation spikes to 4.88% in November, industrial output growth slows
http://www.hindustantimes.com/ 12.12.2017
Times of India Blog 05.30.2018
India becomes world’s sixth biggest economy, edging out France: World Bank
https://www.hindustantimes.com/ 07.12.2018
India Has a Banner Year for Deals and Overtakes China as a Favored Target
WSJ 12.25.2018
BBC News 04.10.2019
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