Goods and Services Tax (GST) has been one of the most debated subjects in the last several months. The introduction of GST is expected to streamline levying and collection of indirect taxes on the supply of goods and services in the Indian Union by being a comprehensive tax that will subsume several other taxes levied by both the Union and the states. By reducing the cascading effect of taxes at every stage of supply, it is expected to reduce the burden of tax, and benefit the industry as well as the common consumer. While its expected benefits are still being debated, I would like to explore the much less talked about implications of the GST: What does GST mean to the federal setup of the Indian Union? What does it mean to the Union-states relationship? What does it mean to the fiscal autonomy of the states?
Join me for a talk on this subject on Sunday, the 13th of March 2016, at Total Kannada, Jayanagar, Bengaluru. The talk titled 'GST in India's Federal System' will be in Kannada. The details of the event are here in this Facebook event invite, please confirm your presence if you are interested to attend the talk: https://www.facebook.com/events/742957599174859/