In this article for the Mint, Niranjan Rajadhyaksha stresses on why the current version of GST needs to be fixed in the upcoming budget session.
"This column had previously argued that market fears about fiscal profligacy would need to be assuaged in three ways. The government would first have to announce credible budgetary estimates compared to what happened last year. It would also have to provide a fiscal consolidation roadmap for the medium term. The government would also have to push ahead with policy announcements that boost business confidence. A commitment to fix the tax system would be a good starting point."
Read the complete article here.