Perverse incentives explain why GST is a confusing mess
The Goods and Services Tax was meant to simplify taxation when it was introduced five years ago. It has ended up doing the opposite. Why is this, and what needs to change?
Our GST regime needs a return to factory setting
The complexity of decisions taken by the GST Council is enough to explain why we need a reset of this regime. Let’s get it back in harmony with its promise of ‘one country, one tax’
State run versus private armies: Wagner triggered a risk debate
The brief ‘mutiny’ against Moscow by a mercenary group showed why danger analysis is necessary
Modi’s Bastille Day visit to Paris will symbolize plenty
The rare honour accorded to India’s PM is a clear sign of fast strengthening relations across many spheres
Narratives of statistical decline require much corrective rework
The story of a golden age in the 50s and 60s followed by a long slump fails to acknowledge strides made by official statistics
Lithium, ahoy!
While mining has long been state dominated in India, the logic of economic liberalization demands that it be done by those best placed for the task.
Adani stock probe: Get to the nub of the matter
Sebi’s response to a judiciary-appointed panel’s remark on a regulatory tweak reminds us how difficult it is to catch stock manipulation. But compliance riddles must not distract us
Create more competitive jobs to drive the Indian economy ahead
The creation of jobs that enable productivity gains has a crucial role in raising living standards
Let’s not have regulatory overlaps on data compliance
The mandates of regulators must be defined clearly so that firms are clear about what rules to follow
New data tools can help analyse pixel-level economic dynamics
Granular readings can complement aggregate data-sets for policy formulation and we can start by using the GST network
Threaded cage fight
Discontent is rife among the Twitterati, with the microblog platform’s recent reading curbs and earlier verification pricing suddenly pushing users towards Meta’s alternative
Bringing GST under PMLA could lead to tax terrorism
Better analysis of GST data would do more to curb evasion and fraud than throwing the book at the problem
EB-5 visa tax hike postponement till October offers reprieve to Indians
The Indian government has delayed a tax increase on foreign remittances, benefiting Indian investors seeking the EB-5 Visa for US permanent residence.
India’s only listed drone-maker is flying high
By far the largest Indian pure-play drone manufacturer, Ideaforge Technologies looks set to soar with drones becoming ever more ubiquitous and useful
Mint Explainer: Sweden set to join NATO after Turkey backs off
Why did Erdogan block Sweden’s entry into NATO for months, and what does its inclusion mean for the alliance?