IMPRI

IMPRI

IMPRI, a startup research think tank, is a platform for pro-active, independent, non-partisan and policy-based research. It contributes to debates and deliberations for action-based solutions to a host of strategic issues. IMPRI is committed to democracy, mobilization and community building.
  • Joined: October 30, 2020
  • Articles: 2399

Good and Services Tax (GST) Collection: India’s progress towards ‘One Nation, One Sales Tax’

The progress of India’s Goods and Services Tax (GST), based on taxing value-addition, introduced as a dual tax levied by both the centre and the states, in a short period since 2017 when it was introduced, has been commendable. The GST has helped India progress towards the vision of ‘one nation, one sales tax’; and has helped reduce transaction costs of businesses at all levels, while facilitating lower logistics costs toward greater global competitiveness.  To implement GST, a Constitutional amendment was needed as in the then-existing Constitution, there was no provision for levying sales tax on goods by the Union government, and the states could not levy sales tax on services.

Development Course in the Himalayas

The Himalayas are the youngest range of mountains in the world and are still in the formative stage. The plate movements between the Indian and Eurasian plates continue to keep the entire region from Kashmir to North East in seismic zone IV and V. This means that the entire Himalayas are extremely vulnerable to natural disasters like earthquakes and landslides.

China’s Disappearing Billionaires

The sudden vanishing of Bao Fan, the head of China Renaissance Holdings, whose clients include ride-hailing Didi Chuxing and food-delivery app Meituan, has once again stirred the hornet’s nest in China. While such disappearances are not strange in authoritarian China, the frequency of such incidents at a time when President Xi Jinping is tightening political control, amidst China’s economic troubles, is revealing.

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