GST is not merely a product of objective analysis. The national debate on its implementation is a case in point i.e. to be weighed upon a broader taxation policy perspective. The question at stake is the viability of taxation policy in the whole, which is a dire reflection of the economic policy, highly apprehended by the duties of a state. As per reports, India’s present GDP- tax contribution is merely 18% which is miser in comparison to that of the developed nations i.e. 30%-40% and that of other developing economies i.e. 23%- 26% for Mexico, Brazil and South Africa resp. … Continue reading GST Tax reform- reporting the bigger picture