Subsuming fuel in GST desirable step: Debroy

Subsuming fuel in GST desirable step: Debroy

Bibek Debroy, chairman EAC-PM sees the surge in food inflation as temporary Move will help manage inflation, says chairman of PM’s economic advisory panel

People use the word universal basic income irresponsibly without explaining what they mean and why it is needed.

NEW DELHI : Subsuming crude oil and fuels, which currently attract excise duty and value-added taxes, into the unified national indirect tax, the GST, sooner than later is desirable in terms of tax reform and will incidentally aid in inflation management as well, Bibek Debroy, chairman of Prime Minister Narendra Modi’s Economic Advisory Council (EAC-PM) said.Debroy’s comments […]

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