I-BRIDGE's blog (Link Campus University's Research Centre on Global Affairs) - editor, Marco Emanuele - Critical thinking, complexity, international relations (Twitter, @Glob_Eye - Facebook, https://www.facebook.com/marco.emanuele.50)
Friday, 7 October 2016
Why we must tweak the market-led model (Janak Raj Gupta, South Asia Monitor)
Recent data shows how market-led growth has led to inequalities and thwarted expansion. The proposed GST, which is on the fast track to be implemented, will further enhance inequalities as it is an indirect tax. While designing the tax rates for different commodities, the GST Council should keep in mind that luxuries and other non-merit goods are taxed at higher rates.
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