Many of India’s businesses not ready for goods and services tax

India is preparing to usher in a new goods and services tax (GST), considered to be one of the biggest economic reforms in decades for the country. GST has been eagerly awaited by Indian businesses for more than a decade but as its launch draws closer, some companies are clamouring for it to be postponed because, they insist, they are simply not ready. With a series of GST bills passed by the uppe…