KPMG Statement on GST from Sachin Menon, CO-Tax and Head of Indirect Tax, KPMG in India

Statement from Sachin Menon, Co-Tax and Head of Indirect Tax, KPMG in India

"Devolution of 62% of the tax revenue to the states (including state taxes) is giant leap towards empowering states with additional funds to lead local developments. I wish this opportunity could have been leveraged by the FM to address the states revenue concern on introduction of GST, so that it could have taken out resistance to GST, if any"