Thu, Jul 12, 2018
Ruling out a single rate GST, Chief Economic Advisor Arvind Subramanian today pitched for a three rate structure going forward as revenues stabilise. He said Goods and Services Tax is a "work in progress" and there is a need for further simplification of rates with fewer exemptions and simpler policies.
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Tue, Mar 27, 2018
Chief Economic Adviser Arvind Subramanian said that one of the India's biggest challenges is how to get more and more people pay income taxes. "I think that is very critical and we are really falling short on that. Any direct tax system must encourage voluntary compliance to get more and more taxpayers in and this is something we should be focusing on," he said.
Tue, Jan 30, 2018
If oil prices rise it can affect growth next year, as it has direct bearing on GST growth and inflation
Tue, Jan 31, 2017
India's Economic Survey 2016-17 has projected the country's real estate prices to fall further on account of the government's demonetisation announcement made on November 8, 2016.
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