Analysts believe the GST could boost India's economic growth by up to 2 percentage points
'The low tax to GDP ratio of the country will go up, helping the government to adhere to fiscal discipline and keep inflation in check.'
From anti-profiteering to affixing stickers on existing stocks, FMCG companies are bracing for new set of GST challenges
'The professional or the freelancer needs to pay taxes from his pocket first and then wait for payments from his clients.'
Consensus seems a problem before the current session of Parliament ends.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
The time the companies have to get ready for GST is 6 to 12 months.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
Experts hail Budget 2015 as a progressive, growth oriented one.
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