Here is the best of Business Standard's opinion pieces for Thursday.
The goods and services tax (GST), as introduced four years ago, was imperfect. This was a product of the political negotiation required for a major indirect tax reform to pass the constitutional hurdles in its path. While the GST Council has met regularly and tweaked the GST, not all of that has been for the better from a long-term perspective. In fact, far too many of them have been simple reductions in rates that had the result of reducing revenue and increasing complexity. But it must now be