Praveen Chakravarty writes: GST centralised India’s indirect taxation. It is time to start a national discussion on reversing the course by giving states powers for direct taxation
Praveen Chakravarty writes: GST isn't just about economic efficiency conceived by technocrats. Sustaining it requires restoring trust in the Centre-state relationship
Praveen Chakravarty writes: Increased government investment to stimulate economic activity is in principle a sound philosophy. But there are other more prudent ways to raise funds.
Had there been a proportional representation of voting in the GST council either as a proportion of the size of a state or by its contribution to the GST revenue pool, Covid products would have been tax free by now.
That is, one could either lose every rupee invested or gain multiples of it. One of the recipients of our money was a venture-capital fund that also counts Iconiq Capital as a co-investor.
