Raghuram Rajan: Demonetisation, GST held back India’s economic growth, 7% not enough
NEW DELHI: Former Reserve Bank of India governor Raghuram Rajan has contended that the introduction of demonetisation and the Goods and Services Tax (GST) were the two major events that held back India’s economic growth last year, PTI reported. Speaking at the University of California in Berkley on Friday, Rajan maintained that the seven per cent […]
GST Council slashes tax rates on 177 items from 28% to 18%
The Goods and Services Tax (GST)) Council on Friday slashed rates across the board, including for a range of daily items of consumption, relaxed penalties and tweaked rules to make it easier for businesses, especially small and medium enterprises, to comply. The feel-good package from the council, which comes into effect from 15 November, is […]
