India’s GST bill rollout: Structural benefits in the offing

On July 1, 2017, India ushered in its largest-ever indirect tax reform — the rollout of the Goods and Services Tax (GST) bill. The GST replaced 16 different types of state and federal taxes with one common tax system, comprising four major tax rates (5%, 12%, 18% and 28%) and a few other...

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