You are here

'Plenty of hiccups' expected as India rolls out new tax reform

It has been heralded by economists and will count as the most important structural reform of the current government

BT_20170701_CPGST1A_2960220.jpg
Tax officials preparing for the launch of the new tax regime in Bangalore on Thursday. Part of the problem is that India is a "non-tax compliant" society, as the country's finance minister has said frequently. 

New Delhi

AS India prepares to launch its biggest tax reform since independence in 1947, businesses and citizens across the country are bracing for economic chaos.

At midnight on July 1, Prime Minister Narendra Modi will formally usher in the country's new goods and services tax. 

sentifi.com

Market voices on:

Editor's Choice

Powered by GET.comGetCom