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Opinion | Is GST Good For India?

The GST Council, in its 14th round of deliberations in Srinagar over two days, focused on the approval of the GST rules, the fitment of over 1,200 commodities into the five pre-announced tax slabs and the tax rates on services. The Council decided to tax services under four slabs of 5 per cent, 12 per cent, 18 per cent and 28 per cent. With the council also clearing seven of the nine draft rules, the GST implementation has entered its final stage. So why is the GST good? Here is an analysis of its significance.
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Oct 28, 2025
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