By M H AHSSAN | INNLIVE
The Goods and Services Tax will destroy governance and end incentives for states to attract businesses, harming the country in the long run.
It finally happened. Late on Wednesday, the Rajya Sabha approved a bill that will change the way India collects taxes.
The Goods and Services tax, which aims to get rid of the current patchwork of indirect taxes and to improve tax compliances, has been in the headlines for some time now.