Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Historic tax reform hanging in the balance

Overview

India’s central government remains committed to introducing a unified and simplified goods and services tax by April 2011. No firm agreements came out of the latest round of negotiations with state governments, which remained wedded to the “pork barrel” and the local advantages of all the various tax-induced distortions in India’s internal market. But with the government’s overall reform credibility at stake, Finance Ministry officials are not giving...

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