News
Moving to single rate remains a pipe dream as states continue to play difficult
- Date:
- June 28, 2017
- Source:
- First Post
The Revenue Secretary has spoken wistfully about the need to have a single GST rate, implemented by one government sometime in the future, bringing into focus the fractured nature of the single biggest tax reform which is getting implemented from 1 July. He is right, GST by its very definition should mean a single rate levied by a single agency and the current structure with multiple rates and two…