Sunday, November 8, 2026||
MultiKhabarMultiKhabar

GST needs a consumption-based overhaul, not piecemeal refund reforms

Share:WhatsAppFacebookX (Twitter)Telegram
GST needs a consumption-based overhaul, not piecemeal refund reforms
Photo / Coverage: Business Standard - LatestCredit: Ajay Shah
EXECUTIVE SUMMARY

GST reforms must ensure immediate input-tax credits and refunds for businesses to reduce production costs, encourage investment and prevent tax cascading, argue Arbind Modi and Ajay Shah.

Key Takeaways

  • GST needs a consumption-based overhaul, not piecemeal refund reforms.
  • GST reforms must ensure immediate input-tax credits and refunds for businesses to reduce production costs, encourage investment and prevent tax cascading, argue Arbind Modi and Ajay Shah.
  • GST reforms must ensure immediate input-tax credits and refunds for businesses to reduce production costs, encourage investment and prevent tax cascading, argue Arbind Modi and Ajay Shah.

GST reforms must ensure immediate input-tax credits and refunds for businesses to reduce production costs, encourage investment and prevent tax cascading, argue Arbind Modi and Ajay Shah.

Share:WhatsAppFacebookX (Twitter)Telegram

Read Complete Original Article

Published originally on Business Standard - Latest

Visit Publisher Site →

Related News

🇮🇳 India
Bengal's push to bring workers home raises concerns in Keralam
Economy & Business57m ago

Bengal's push to bring workers home raises concerns in Keralam

Building contractor Vijayakumar is keenly awaiting the return of his expert worker, a native of Murshidabad district in West Bengal, after he left for home to celebrate Durga Puja. Only, the worker's return remains uncertain now. The uncertainty stems from an appeal by West Bengal Chief Minister Suvendu Adhikari asking workers to stay back, citing livelihood opportunities under the VB-G RAM G scheme, which guarantees 125 days of work and enables them to earn a livelihood while living with their

Business Standard - Latest
Multikhabar App

All Information In One Place

Real-time headlines from trusted sources. Get the app now — stay updated, inspired, and ahead with breaking news!

Get it on Google Play