What lies ahead for GST in India? | In Focus podcast
Pratik Jain speaks to us about the 6-year journey of the Goods and Services Tax in India, and what the road ahead looks like.
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Show Notes
July 1 this year marked the 6th year since the Goods and Services Tax was implemented. The average monthly collection in the first year was sub-₹1 lakh crore. Now, the government expects ₹1.5 lakh crore to be the norm, with its eye ₹2 lakh crore for the near future. At the start, there were several changes that naysayers felt made compliance difficult. Others said these were necessary prerequisites for a smooth run later. Pratik Jain, Partner and National Leader for Indirect Tax in PwC India joins us today to share his perspectives on how the 6-year run has been and what the road ahead looks like.
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