December 23, 2016

Known Unknowns and Why it Makes Sense to Move GST to 2018

In the New Indian Express, Visiting Fellow Shakkar Aiyar makes the case for deferring GST rollout to 2018 in light of the disruptions caused by demonetisation and global uncertainty. He writes:


"India has waited for ‘one nation, one tax’ since 2004 when the Kelkar Committee first introduced the idea. It can afford to wait for a year more—especially for a smarter GST. The known unknowns and the unknown unknowns make a strong case for postponing GST to April 2018. They do say discretion is the better part of valour. Don’t they?"


Read the article here.

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