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Former chief economic adviser against I-T cut, higher GST rate

Former chief economic adviser against I-T cut, higher GST rate

Saturday, December 21, 2019, 8:33 AM

Former-chief-economic-adviser Arvind Subramanian said he was against reducing personal income-tax-rates, as it would benefit a small-percentage of taxpayers, and raising of GST rates. "(There is) no-space to have expansionary fiscal-policy. There is a lot of talk about personal income-tax-cut and raising GST rates, and I would be categorically against the both, we do not have the space," he said at an event on Friday.
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