Get Your Free Audiobook
-
Ground Scorching Tax
- Narrated by: Anuj Datta
- Length: 10 hrs
Failed to add items
Add to cart failed.
Add to wishlist failed.
Remove from wishlist failed.
Follow podcast failed
Unfollow podcast failed
New to Audible Prime Member exclusive: 2 credits with free trial
Ground Scorching Tax
Buy Now for ₹879.00
No valid payment method on file.
We are sorry. We are not allowed to sell this product with the selected payment method
Publisher's Summary
On 1 July 2017, Goods and Services Tax (GST) became a reality. The government hailed it as the biggest tax reform of independent India which would herald a new freedom for the nation and unify it with 'One Nation One Tax'. Some of the claims made by the government were that GST would bring about ease of doing business; increase tax collection; lower inflation; increase GDP growth by one to two percent; and check the black economy.
More than a year later, we have more questions than answers.
- Why did the economy slow down?
- Is the government likely to collect more taxes?
- Why have prices continued to rise?
- Why has Malaysia withdrawn GST?
Turns out that problems with GST are both transitional and structural. To correct for these, there have been a few hundred notifications and orders from the government which have added to the confusion.
In this book, well known economist Arun Kumar explains the reality behind GST. Known for not pulling any punches, the author explains why GST is a double-edged sword for the common man, why it will increase inequality across sectors and regions, why it will hurt small businesses - everything the government does not want you to know.