Equitable distribution: on GST and the Parliament’s Public Accounts Committee report
The 19th report of Parliament’s Public Accounts Committee (PAC) is appropriately scathing in its criticism of the Goods and Services Tax (GST) regime, introduced in July 2017 to simplify, unify and improve indirect tax compliance in India. At the outset, the PAC highlights a nearly 2% drop in indirect tax revenue between FY18 and FY20 … Read more