Monday, December 08, 2025 | 01:46 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Pangs of launch and ejection

Benefits from the GST, once it is introduced, may fall short of expectations

Pangs of launch and ejection
premium

Devangshu Datta
Traders around the world were focused on political and geopolitical newsflow through the past fortnight. The Finance Bill was bulldozed through Parliament as a Money Bill, with umpteen interpolated amendments pertaining to other laws. In the US, Trump’s first attempt to replace Obamacare failed to pass legislative muster. The UK moved a significant step closer to Brexit. 
 
The goods and services tax (GST) also moved closer to implementation. The devil here is going to be in the details. The GST Council must now decide on the rules, processes and rates  of the new indirect tax regime. There is a
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper