December 10, 2015

The Revenue Neutral Rate for GST, in Nice Looking Graphs

he Finance Ministry has released the report on the “Revenue Neutral Rate” for GST. This may be purely academic because the thought of going to jail has spooked the Congress High Command so much that they won’t let the bill pass – but let’s look at the key aspects of that paper. Its boring to read if you don’t get it but you’ll get the gist here: Kitna hai boss?

Firstly, The Numbers. They’re Anywhere Between 15 and 19%

Yes, that’s the point. The real number is mentioned as 17%. This is the table that matters:
Revenue Neutral GST Rate Recommended
The funda is:

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