सविस्तर माहितीसाठी इकॉनॉमिक टाइम्स मधील बातमी वाचावी.

With the GST Council fixing the tax rates for goods and services, India is now all set to usher in the game-changing tax reforms from July 1.

While industry and market analysts are bullish on this massive tax overhaul that will transform the country into one single market, the average man on the Street is confused whether the new tax structure would stoke inflation in the initial period of its implementation.

History shows economies that implemented tax systems similar to GST in the past experienced a spike in inflation, though the same was not uniform.

Among the countries that witnessed a surge in inflation included Singapore and Australia.

via GST: GST ready to roll: But history shows it could stoke inflation – The Economic Times