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New tax system all tangled up
News, Mihir Sharma, Published on 28/09/2017
» India's new indirect tax system, which for the first time tries to standardise most taxes across this vast country's many states, is proving to be even more difficult and disruptive to implement than first feared. That speaks to the unnecessary complexity the government's introduced into what should have been the simplest of laws.
Major tax reform is just the start
News, Mihir Sharma, Published on 24/06/2016
» In opening up sectors from aviation to defence to 100% foreign ownership this week, India's government is clearly hoping to signal that its reform drive is revving up again. Next on the agenda may be one of the most far-reaching new measures in years: a long-awaited, nationwide goods-and-services tax, or GST.