India, Sept. 5 -- The GST rejig is a fiscal reset aimed at reviving demand and reaffirming the Government's commitment to inclusive and sustainable growth
The GST was brought with much fanfare but soon it turned out to be a problem in itself. Though a noble idea to have a uniform tax structure across the country, it failed on execution and led to multiple problems for filing the GST returns. Besides, there were anomalies and rate structures left much to be desired. Finally, the Government has taken some concrete steps to set its house in order. The Goods and Services Tax (GST) Council's recent decisions mark a new chapter in India's tax reform journey. The timing of this reform is crucial. With the festive season around the corner, househo...