Sunday, Jul 03, 2022
Outlook.com
GST

Gimme Some Truth About The GST

The GST is finally here. Here’s making head and tail of the Constitution (122nd) Amendment Bill.

Gimme Some Truth About The GST
Game Set | Photograph by PTI
Jaitley and others watch the GST vote score in the Parliament
Gimme Some Truth About The GST
outlookindia.com
2016-08-05T22:02:00+05:30

Some say it’s the best thing since Azadi, others insist this is the biggest reform since, well, reforms began in 1991. There’s such hype around GST, now that it’s finally happening, people are trying to digest its (potential) impact. Will it raise GDP by over 1 per cent, as some have predicted? Is there a risk of higher inflation? What will be the political implications? What happens to ­taxes­ we had got so used to—excise, VAT, surcharges, cesses and that eloquently worded ‘entry tax’? And finally, why is Tamil Nadu holding out like the last of the Mohicans? To find out all this and more, read our primer.

What Really Is GST?

Outlook Newsletters

Read More from Outlook

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

In happy times and sad, Habba Khatun’s sensuous songs make both young and old emotional. With the never-ending conflict bringing tragedies to every doorstep, Habba’s lyrics of separation amplify their mourning.

How Indian Laws Govern People’s Right To Love And Live

How Indian Laws Govern People’s Right To Love And Live

In India, only those relationships between a man and a woman are considered to be legitimate when there is a marriage between the two.

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Virat Kohli, 33, had recently stepped down as India's T20I captain and was subsequently removed as the ODI captain.

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

A Mahila Congress leader, who is the face of the ‘Ladki Hoon, Lad Sakti Hoon’ campaign, however, has accused the party of anti-women bias after she was denied a ticket.