It's Time To Take The GST Council's Bet On Trust Global
GST Council is in focus in a taxation development.
· NDTV Profit
GST is quickly moving towards a system built on trust, which is very good for business. The next phase of reform should carry this approach to services exports as well.
The analysis
This is a Tax / tariff / duty event. Duty and incentive changes reset landed cost and competitive position immediately, and unlike demand shifts they arrive on a known date.
Why it matters
- Tax changes flow through to post-tax earnings and can shift the relative appeal of entire asset classes.
- With GST Council involved, this carries a regulatory dimension that can outlast the immediate market reaction.