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GST and Council have done well, will get better

News Snapshot:

July 1, 2023, marks the sixth anniversary of the introduction of the Goods and Services Tax (GST), a transformational tax reform. And in a nice coincidence, the meeting of the GST Council, scheduled for July 11, would be the golden jubilee meeting of this constitutional body. The Goods & Services Tax (GST) was launched in 2017 with much fanfare. Here was a tax reform that, though everybody agreed was needed, kept getting delayed. It required a Constitutional amendment and the cooperation of all the states, as they were pooling their fiscal sovereignty with the Centre. That it did happen was…

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