GST Bill

/Tag: GST Bill

Reforms Rush

2018-12-04T11:53:49+00:00July 8th, 2016|2016, India Investment Journal June/July Edition, Policy India, Year|

The Narendra Modi government is pushing ahead with economic reforms – with renewed vigour and welcome urgency. After appearing to be blindsided for a while by the obstructionist tactics and filibustering by the Opposition and some of its allies, which surprised everyone by punching well above their weight, the ruling side has regained its mojo. The momentum began to swing the government’s way in the Budget Session of Parliament, when the Rajya Sabha, where the BJP-led National Democratic Alliance (NDA) [...]

GST offers some renewed hope for India’s tax reform

2020-03-12T08:13:45+00:00July 8th, 2016|2016, India Investment Journal June/July Edition, Policy India, Year|

The Goods & Service Tax (GST) Bill, which has been held up in the Rajya Sabha for years, now stands a good chance of being passed into law.  The Congress, which has been opposing the bill in its current form with support from like-minded parties, looks politically isolated following the change in the composition of the Upper House, where the ruling National Democratic Alliance (NDA) now has more members than the Congress-led United Progressive Alliance (UPA) after biennial elections on [...]