A Piece from My Life by Nikhil Jhanwar

One day, as usual, I was on my way to home in a Chartered Bus. It was crowded, most of them struggling for place to settle, some for a ticket, few lucky for a seat. Although, full of noises, still a sheer hollowness, Bus was carrying with it. A quick look at travellers witnessed a different sense of expression on everyone’s face. Most of them were lost somewhere in another world, Some were confused in phase to decide what next, few were feeling satisfied. This made me struck with an interesting thought. What gets us going everyday? What really makes us go to our usual place of work or place of study or place of sport or any other place everyday or so. Every one of us follows a daily routine without break, without questions and sometimes even without reasons. You may not have good day, you may not have achieved something good everyday, you may not have fun everyday, you may not have enjoyed your day. Still you don’t stop do...

GST has been talk of the town since a decade now.  However, there have been some concerted efforts from last couple of months to make it a conscious reality. Various deliberations have been made to work out the modalities of GST structure, its supposed modus operandi which should be simple, transparent, efficient, comprehensive and practicable. Through this piece, it has been attempted to throw light on key fundamental challenges ahead in enacting GST which needs to be addressed diligently so as to enable GST becoming a successful, simplified and sustainable socio-economic reform. At present, domestic indirect tax legislation revolves around three taxes;                      Excise Duty, leviable on manufacture of goods (Central levy)                      Service Tax, leviable on provision of service (Central levy)            ...