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India's GST could lead to chaos, but then be a game changer

If the initial hump can be passed, the GST could make India a truly common market for the first time.
Saturday, July 1, 2017 - 05:50

An Indian worker loading a truck with goods at a wholesale market in Chennai on Thursday. The new tax promises faster deliveries and more efficient trucking.

TODAY, India introduces a goods and services tax (GST) in what is billed as its greatest tax reform since independence. But a closer look suggests that this has the potential makings of a transformational idea on paper botched in practice. The tax, as designed, will be so complex to administer

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