It is now four years since the goods and services tax (GST) was rolled out in July 2017. The successful transition of the states from the archaic sales tax regime to the value added tax, more than a decade earlier, was a major inspiration for the shift to the GST regime. Labelled as the biggest tax reform since independence, the GST was expected to radically alter the indirect tax structure. At the very broad level, the GST gave the union government additional powers to tax supply of goods, while it also provided the states access to the services tax base of the union government. But the GST also seriously dented the fiscal autonomy of states as it transferred a major part of their tax powers to the GST Council.
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ತೈಲೋತ್ಪನ್ನಗಳ ಬೆಲೆ ಹೆಚ್ಚಳದ ಕಾರಣ ದಿನಸಿ, ಆರೋಗ್ಯದ ಮೇಲೆ ಖರ್ಚು ಕಡಿಮೆ ಮಾಡಿದ ಜನತೆ: ಎಸ್ ಬಿಐ ಆರ್ಥಿಕ ತಜ್ಞರು!
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