Everand Logo

Welcome to Everand!

  • India Today

    A BREAKDOWN OF TRUST

    Sep 19, 2020 4 minutes
    By SHWWETA PUNJ
    ANI

    Three years after India began implementing a bold new, if still undercooked, Goods and Services Tax (GST) regime on July 1, 2017, a hard-won agreement between the Centre and states on the terms of transition is being severely tested. The latest sore disagreement is over the Centre’s decision to withhold the promised compensation to states for shortfalls in their tax revenues as a result of implementing GST.

    GST collections were hit hard as the economy ground to a near-standstill during the lockdown, and after dragging its feet for a while, the Centre broke the bad news to the states in the GST council meeting

    You’re reading a preview, subscribe to read more.

    More from India Today

    India Today1 min read
    Inflation Pain
    For Ulka Kharat, a widow living with her brother in Lasurne in Pune’s Indapur taluka, inflation matters more than anything else. “LPG cylinders have become exorbitant,” she says. “What will the poor do when they cannot make ends meet? The situation o
    India Today3 min read
    A Fractured Constituency
    Resistance against the Bharatiya Janata Party (BJP) for “non-fulfillment of poll promises”. Infighting within that party. And cracks within the Opposition INDIA bloc, mirroring the fractured politics of the region. Ladakh may be all of one Lok Sabha
    India Today3 min read
    “Modi Is The Only Issue In This Election”
    It’s an exhilarating experience. It gives tremendous opportunity to connect with the local people, a sense of belonging and a feet-on-the-ground feeling. I will ever be grateful to PM Narendra Modi for the opportunity. In ‘Modi ki Guarantee’, the fir

    Related Books & Audiobooks