Goods and Services Tax

4 years of GST: Anything but a Good, Simple Tax

4 years of GST: Anything but a Good, Simple Tax

July 10, 2021

When the Narendra Modi government rushed with the implementation of the Goods and Services Tax (GST), within weeks of its passage in the Parliament, several economists and opposition leaders had cautioned the government against a hurried implementation, advocating that that more ...

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Time for Indian government to rein in its aggressive tax officials

Time for Indian government to rein in its aggressive tax officials

December 26, 2020

On Wednesday, Permanent Court of Arbitration based in the Netherlands awarded USD 1.2 billion plus costs and interest in damages to the British energy company Cairn Energy Plc in a tax dispute with the Indian government over retrospective application of tax. The case dates back t...

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New industrial policy for India soon

New industrial policy for India soon

August 14, 2018

As the General Elections draw near, a new industrial policy is being finalised by the Modi government. This policy is much needed to modernise India's factories, generate millions of jobs, achieve global standards and boost exports. But is it too late in the day?

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GST rates slashed for more than 50 items

GST rates slashed for more than 50 items

July 26, 2018

The decision to slash the GST rates for more than 50 items might be a good move for the Indian middle class, but reports say that India the decision will lower revenue by as much as USD 2.2 billion each year.

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Will Indian exports look up?

Will Indian exports look up?

July 20, 2018

Despite Prime Minister Narendra Modi's global outreach and popularity abroad, Indian exports have not grown much. The question is, ‘Can the Indian economy survive without exports?’

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One year of GST

One year of GST

July 9, 2018

The government called GST a game changer as it abolished several indirect taxes and brought them under one category. After the implementation of GST, tax slabs were changed several times, which resulted in delay in refunds and technical glitches in filing returns.

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Growth Curve

Growth Curve

May 31, 2018

Major reforms like demonetisation and GST brought the GDP to a three year low. However, the World Bank has stated that the Indian economy is projected to grow by 7.3 pc in 2018 and 7.5 pc in 2019 as it has recovered from the impact of demonetisation and rollout of the GST. On Oct...

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Airline Stocks Fly High in a Sweet Spot

Airline Stocks Fly High in a Sweet Spot

October 31, 2017

Backed by strong fundamentals, the Indian aviation stocks are soaring high and are likely to attain greater heights as key players open their war chests in pursuit of a bigger slice of the growing market pie. The Indian aviation sector is witnessing a new horizon underneath the b...

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PadMan – a film on menstrual hygiene

PadMan – a film on menstrual hygiene

October 13, 2017

An upcoming biopic that will bring awareness about menstrual hygiene management

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Aftermath of a hasty demonetisation and GST

Aftermath of a hasty demonetisation and GST

September 26, 2017

Consequent to demonetisation and the hasty implementation of the Goods and Services Tax (GST), unemployment is rising fast in India. Worried, the Narendra Modi Government is seriously studying all the economic indicators and is likely to present a stimulus package soon to revive ...

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Tamil Nadu movie halls open post GST strife

Tamil Nadu movie halls open post GST strife

July 12, 2017

"Lack of clarity," said the Tamil Nadu theatre owners as they kept movie halls shut post GST blaming double taxation crippling the regional cinema industry.

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How will GST impact the digital marketplace in India?

How will GST impact the digital marketplace in India?

June 15, 2017

India is second biggest online marketplace after China and the new Goods and Services Tax (GST) is assumed to bring positive changes; however, ambiguity still remains.

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