Chandrajit Banerjee (for Info only, not official)


Chandrajit Banerjee

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    ...The Empowered Committee of State Finance Ministers (ECSFM) has played an exemplary role in this process, converging diverse views and evolving a suitable model for GST. This new tax will make India a single market and greatly enhance ease of doing business. It will make the entire economy more efficient and productive by lowering transaction, transport and logistics costs, and can add at least 1 percentage point to the GDP growth rate. The forthcoming introduction of GST effectively means that India has transited to a new level in its economic evolution. The next stage in the GST journey is to ensure that a simple, effective and efficient tax model is worked out. ...

    TOI on Sept. 1, 2016, 2 a.m.