gst

Economic Survey 2018 may not shape Budget 2018, but it’s a treasure of insights

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Since demonetisation, 10.1 mn new taxpayers have filed returns, versus an average of 6.2 mn in the prior 13 monthsNeelkanth Mishra | Last Updated at January 30, 2018 12:47 IST (This was published in the Business Standard: link) The Economic Survey 2018 (ES) is not really a precursor to the Union Budget 2018; that is, … Read more

The GST joystick

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As the GST subsumed taxes that added up to 40% of India’s total tax take, achieving ‘revenue neutrality’ is criticalNeelkanth Mishra | Last Updated at December 4, 2017 23:24 IST (This was published in the Business Standard: link) It is now obvious to most that getting the goods and services tax (GST) started was only … Read more

A fog descends on a house under renovation

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Prolonged uncertainty can be detrimental to growth: The economy may need monetary and fiscal helpNeelkanth Mishra | Last Updated at September 4, 2017 23:22 IST (This was published in the Business Standard: link) The “weak near term for a strong long-term” view of the Indian economy is now consensus. Structural changes such as millions of … Read more

Fools rush in (GST)

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GST is a reform long delayed. But there may be good reason not to hurry it through now.Written by Neelkanth Mishra | Updated: September 23, 2016 6:06:22 am (This was published in the Indian Express: link) Deadlines help. Hard ones help even more. After all, years of false starts have turned the goods and services … Read more