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Some key areas which can make GST implementation a success at any organisation
While the Budget saw a larger fiscal focus on infrastructure, similar thrust on infrastructure was missing in the Finance Minister’s tax proposals
Decision around the scheme by the Government in the present Budget will have a bearing on the continuity of the scheme and also possibly provide foresight in the manner in which the benefits may grandfathered under GST
The key expectations from Union Budget 2017 is to have 'certainty and clarity of tax laws/, 'ease of doing business' and ‘efficiency in the Public Private Partnership (PPP) model'
In the current global environment, India would be well served by a policy regime which attracts long terms investors, even if that is at the cost of some loss of tax revenue in the near term