Not A Panacea For All Woes
The economic lift via GST is not yet clear, but the 'very complex tax' could leave the struggling informal sector out in the cold and bring about an economic divide of sorts.
If you are a proponent of the Goods and Services Tax (GST) often lauded as the biggest reform that will curb black money generation, improve tax collection and propel GDP growth in India, Ground Scorching Tax by well known economist and academician Arun Kumar could be an eye opener. The book, mostly a low down on the new indirect tax regime that India adopted two years ago, pricks a few GST bubbles as it underlines execution issues, structural weaknesses and
