In the News
India launches Goods and Services Tax
1st July 2017
This is an important but incredibly complex tax reform for the Indian economy. The main aim is to achieve more consistency for indirect taxes across the disparate Indian economy and in doing so, to raise tax revenues to give the Indian government more resources to fund development programmes / widen access to public goods.
India launches its biggest ever tax reform, the Goods and Services Tax (GST), amid protests https://t.co/xE0tusz5ug pic.twitter.com/PgTcINhqkr
— China Xinhua News (@XHNews) July 1, 2017
Here is a quick guide to all the goods and services and their respective tax slabs https://t.co/ntEhoyMBAC via @TOIBusiness#GSTForNewIndia pic.twitter.com/YATZhCw1Cp
— The Times Of India (@timesofindia) July 1, 2017
The arithmetic behind India’s goods and services tax https://t.co/M8739aj1Lb pic.twitter.com/irRj2aNkfX
— The Wire (@thewire_in) July 1, 2017
My first #GST as a consumer - Cream Stone🍦 ! More transparent way to pay taxes. Bring it on! Proud of India @PMOIndia pic.twitter.com/UpUJR5B3lX
— Chirag Jain (@jainchirag) July 1, 2017
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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