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'Poor execution has earned GST bad name'

DNAHM116811 | 11/15/2017 | Author : DNA Correspondent | WC :327 | Business & Economy


Calling the Goods and Service Tax (GST) a good tax, that has acquired a bad name due to poor implementation, former finance minister Yashwant Sinha on Tuesday said it was pushed into action without much thought.
"Each item on the list needs deliberation. We need to end the ad-hocism that is there in the GST. It was supposed to simplify tax, when in fact it has ended up complicating it," said Sinha at a press conference organised by a group of people under the banner of Lokshahi Bachao Andolan.
On the government's recent reduction in rates, Sinha said the move was welcome but not enough. "When we campaigned in 2014 we promised to create two crore jobs every year. We need to remember that promise, improve the
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