1 year of GST: Early signs of benefits begin to show; tap opportunity now

A 2 per cent additional GDP growth, big market share gains for organised businesses thanks to the demise of unorganised sector and substantial rise in tax-to-GDP ratio were billed as three biggest benefits that India would see from an major indirect tax overhaul rolled out last year. One year since the goods and services tax ( GST ) was rolled out on July 1 last year, the most visible disruption w…