You are here


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.

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to