India Think Tank Urges GST Reform: The Hindu

A think tank has urged the Indian government to rationalise the goods and services tax (GST) structure without losing revenues by rejigging the four major rates, The Hindu reported.

The National Institute of Public Finance and Policy study said the 5%, 12%, 18% and 28% GST should be replaced with a three-rate framework of 8%, 15% and 30% to rationalise tax receipts and boost revenue.

Read the full report: The Hindu

India To Consider New Cryptocurrency Tax In Budget: PTI

India Open to Cutting Heavy EV Import Tax After Tesla Plea

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.