After a long period of gloom, there are some hopeful signs. The next step should be to create conditions to make them last and then get on to the next stage. Uddalok Bhattacharya sums up
Selectively restoring the General System of Preferences for some of India’s major export products, in return for not so difficult and probably desirable reductions in import duties on some items, may be a more feasible outcome to pursue with the US. Amita Batra analyses the issues
Retiring income-tax officers addresses some immediate concerns.
But what about the systemic issues that create scope for dishonesty and harassing taxpayers? A K Bhattacharya asks
The GST Council has done well to reduce taxes on hotel tariffs, which can be rationalised now, says Aditya Ghosh
Tax cuts were a knee-jerk reaction, says Debashis Basu. We can only hope that the government has finally “got it” and will stay focused on improving productivity, demand, and governance