New Delhi, Sept. 4 -- Sanjeev Sanyal, an economist and a member of the Prime Minister's Economic Advisory Council, on Thursday termed the new GST reforms as logical, explaining that the new tax slabs on various goods are easily relatable.
Comparing with the pre-GST era, Sanyal, speaking to ANI, said it was difficult for one to gauge the tax rate on items on the face of it.
"If I just tell you the name of the item, even by common sense, I think 90 % plus of the time, you'll be able to work out which of the two slabs it is," he said, explaining the efficiency of the new reforms.
"If it's a food type item, this thing, it's probably at five or zero. If it's an air conditioner, you know it will be at 18, whatever it is. Point is, you can wo...
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