Let Me Explain
Here’s why GST still isn’t ‘good and simple’ tax
The Narendra Modi government introduced the Goods and Services Tax in 2017, hailing it as ‘good and simple tax’. But the GST system remains complex. Eight years later, even the tax rates for essential goods are not simplified. In the 55th GST council meeting, Finance Minister Nirmala Sitharaman announced new tax rates for different flavours of popcorn.
In this episode of Let Me Explain, Pooja Prasanna takes a look at the GST regime, its complexities, advantages and the larger question of how it affects India’s federalism.
Watch.
Complaining about the media is easy. Why not do something to make it better? Support independent media and subscribe to Newslaundry today.
Also Read
-
Uttarakhand SIR: The unsolved mystery of BJP agents’ ‘forged’ objections against Muslim voters
-
‘School Thik Karo’: Lakhs of schools, crores in public money, but do they meet the basic tests?
-
Knives, pistols and ‘aura farming’: Inside Delhi’s teen ‘gangs’
-
Jharkhand’s exam trap: A generation lost waiting for jobs in the land of minerals
-
Rs 428 crore in, Rs 1 crore out: How Chinese capital and public money vanished into Gurugram’s garbage