Taxation policy

For tax harmony?

Print edition : September 04, 2015

An aerial view of the Walayar inter-State checkpost in Kerala's Palakkad district. States are apprehensive about losing revenue following the introduction of a single GST in place of a number of taxes. Photo: K.K. Mustafah

At a meeting of the Empowered Committee of State Finance Ministers on GST implementation in Bhopal in 2012, Finance Ministers (from right) Amar Agrawal (Chhattisgarh), Ajit Singh (Assam), A.K. Rather (Jammu and Kashmir), Sushil Kumar Modi (Bihar), Raghav Ji (Madhya Pradesh), A.K. Walia (Delhi), M. Krishnamurthi (Tamil Nadu) and Kiran Chaudhary (Haryana). Photo: A.M. Faruqui

Enforcing a national market by removing trade barriers through a harmonised commodity tax and reducing the fiscal autonomy of federal institutions is what the Goods and Services Tax system seeks to achieve in India.
    This article is closed for comments.
    Please Email the Editor