Time to soften GST blow on MSMEs

Change is not always easy to adapt to, especially when it is a completely new tax regime like the Goods and Services Tax (GST), which even proponents of reforms acknowledge is very complex. No surprises then, that it drew more flak than applause when the Narendra Modi-led government initiated the move and made it a reality on July 1, 2017. Why did the Congress, which claimed it to be its baby, ter…