India exportersstruggle with Modi’s new tax system published by India Business & Finance (10/2017).
“Narendra Modi’s push to boost Indian exports is being undermined by the problems plaguing his government’s new tax system, companies have warned, with tens of thousands of exporters struggling to meet their short-term funding needs.
The Indian prime minister unveiled a new goods and services tax in July, which ministers hope will significantly boost economic output by turning the country into a single market for the first time. But it has been beset by technical problems and design flaws, threatening business confidence and contributing to a sudden drop in gross domestic product…”
