July 6, 2023 9:12 PM

Goods and Services Tax (GST): A Revolution in Indirect Tax System

In a recent episode of the program Spotlight, economic analyst A K Bhattacharya joined anchor Ishan Mittal to discuss the Goods and Services Tax (GST) on its 6th anniversary. The discussion delved into the positive impact of GST on consumers, the role of technology in the tax system, the gradual rise in tax collections, and the potential for further simplification and expansion. Bhattacharya began by highlighting the three main advantages of the GST. Firstly, it aimed to eliminate the multipl...