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
-
Let Me Explain: How the Sangh mobilised Thiruparankundram unrest
-
TV Newsance 325 | Indigo delays, primetime 'dissent' and Vande Mataram marathon
-
The 2019 rule change that accelerated Indian aviation’s growth journey, helped fuel IndiGo’s supremacy
-
You can rebook an Indigo flight. You can’t rebook your lungs
-
‘Overcrowded, underfed’: Manipur planned to shut relief camps in Dec, but many still ‘trapped’