Goods and Services Tax (GST): A Way for Fiscal Prudence
-Dr. Nikhil Saket,Senior Asst. Secretary, ICAI, New Delhi
In spite of the improvements made in the tax design and administration over the past few years, the systems at both central and state levels remain complex. Their administration leaves a lot to be desired. They are subject to
disputes and court challenges, and the process for resolution of disputes is slow and expensive
Goods and Services Tax (GST): A Way for Fiscal Prudence