http://indiatoday.intoday.in/story/...ster-narendra-modi-gst-waterloo/1/971062.html
Subramanian Swamy fears GST could be Narendra Modi's Waterloo: A fact check
Subramanian Swamy is not alone in voicing doubts over GST roll out preparedness. The banks, too, are not geared up for implementation of the new indirect tax regime.
Subramanian Swamy fears GST could be Narendra Modi's Waterloo: A fact check
Subramanian Swamy is not alone in voicing doubts over GST roll out preparedness. The banks, too, are not geared up for implementation of the new indirect tax regime.
1) It is a positive in the long-term
2) It's going to be a muddle in the near term.
How everyone handles it in the interim will determine the extent of the birth pangs. What is important is that the government should find the holes in the new system and plug them fast so that corruption does not get set in it.