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The Goods and Services Tax (GST) regime should have ideally had a single tax rate and covered all goods and services for its expected benefits to fully accrue to the economy, PM’s Economic Advisory Council chief Bibek Debroy signalled on…

Bibek Debroy said the tax collection of the Centre and states combined is just 15% of GDP, while the demand for government spending on public infrastructure is much higher Bibek Debroy said the tax collection of the Centre and states…