Disappointed at multi-tiered approach of GST: Mazumdar-Shaw

Image
Press Trust of India New Delhi
Last Updated : Jun 29 2017 | 4:22 PM IST
Biocon Chairperson Kiran Mazumdar-Shaw has expressed disappointment at the multi- tiered approach of Goods and Services Tax (GST), although calling it a unique game changing opportunity.
She had earlier welcomed the indirect tax system saying that it was a "must have" economic reform and that some of the anomalies in certain sectors can be corrected post rollout.
"GST is a unique game changing opportunity, let's not squander it by a complex tax structure. Very disappointed at multi-tiered approach," Mazumdar-Shaw said in a tweet today.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 29 2017 | 4:22 PM IST

Next Story