Monday, May 22, 2017

GST Rollout in Jammu&Kashmir – A Political View

J&K, a state which is notorious for only wrong news lately, etched its place for ever in Indian economic history on 19th May, 2017. The GST council which held its 14th meeting in Srinagar cleared almost all hindrances for finalization of 1211 commodities under different tax slab of  0%, 5%, 12 %, 18 % & 28 %. It’s tough for a person sitting outside Kashmir to imagine how the biggest indirect tax reform got cleared so easily. A state which is perceived as offering fragile political system goes much beyond being a centerpiece for economic reforms; and it is the political economy...

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