For more tax revenue

The GST needs more clarity and ease of implementation

As a result of the upgrade of India’s sovereign rating to Baa2 by global rating agency Moody’s, the indices of stock exchanges have risen which indicate that investors are confident of the Indian economy. 

At a time when the nation is poised for growth, the need for increased private investment is essential and the upgrade in the rating will pave the way for inflow of more capital. However, to accelerate the flow of capital and to sustain the confidence of investors, the government should focus on speedy execution of pending reforms and also ensure that the economy is getting the intended