Mumbai: History was created when the country witnessed the biggest and most important indirect tax reform—the goods and services tax (GST). The reform that took nearly 17 years of intense debate was finally implemented subsuming most indirect taxes at the central and state levels.
With the first anniversary of this landmark reform approaching, BTVI brings to you a special series “GST @ 1” where BTVI is talking to prominent people from industry, government officials and tax experts to analyse the impact and whether the first year has delivered what was promised.
Mr Siddharth Zarabi, Executive Editor, BTVI said “It was a bold movement by the government to pass GST and there was a lot of teething trouble initially. However, things are better now and companies say that any GST led disruption is behind them. The GST has delivered on the ‘One nation, One tax’ aim, but several more improvements are needed for it to truly be a good and simple tax”.
“In this series we pose key questions including whether GST has helped in the formalisation of India’s economy”, Zarabi added.
Catch the special series “GST @ 1” starting this Monday, June 25 June at 8:30 PM only on Business Television India (BTVI).