Pradeep S. Mehta and Tasmita Sengupta | Is GST 2.0 Back to Its Core Principles: Focus on Simplicity, Fairness, Efficiency?

The Union government’s introduction of reforms in the so-called Next-Gen Goods and Services Tax, by scrapping its four-tiered tax slabs into two (five per cent and 18 per cent), with an additional 40 per cent for “sin” goods, are both much-awaited and timely