Will GST rollout raise inflation?
With most of the ifs and buts surrounding rollout of GST by the Government of India in July 2017 now behind us, it is time to start looking at how it impacts the man on the street.
One of the biggest beneficiaries from introduction of GST is businesses across the nation. A unified market for the whole nation brings along new opportunities and compliance will get lot easier. A revenue neutral 15 to 15.5% is what has been recommended by a committee headed by Arvind Subramanian, the chief economic adviser. However, while the executive decision is now in place, other nitty gritties including[....]