A year on: How India’s controversial GST regime hit working capital
The introduction of the unified Goods and Services Tax in India was initially a jolt to the system but companies are now happy to see everyone batting on the same playing field.
It has been a momentous June for India. Not only did the rupee fall to an all-time low against the US dollar, the country involved itself in the trade spat between the US and China when it imposed tariffs of its own on 30 American goods and registered a complaint with the World Trade Organisation.
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