{"product_id":"book-ex04","title":"Ground Scorching Tax","description":"On 1   July 2017, Goods and Services Tax (GST) became a reality. The government   hailed it as the biggest tax reform of independent India which would herald a   new freedom for the nation and unify it with 'One Nation One Tax'. Some of   the claims made by the government were that GST would bring about ease of   doing business; increase tax collection; lower inflation; increase GDP growth   by 1-2 per cent; and check the black economy.\u003cbr\u003e More than a year later, we have more questions than answers.\u003cbr\u003e Why did the economy slow down?\u003cbr\u003e Is the government likely to collect more taxes?\u003cbr\u003e Why have prices continued to rise?\u003cbr\u003e Why has Malaysia withdrawn GST?\u003cbr\u003e Turns out that problems with GST are both transitional and structural. To   correct for these there have been a few hundred notifications and orders from   the government which have added to the confusion.\u003cbr\u003e In this book, well-known economist Arun Kumar explains the reality behind   GST. Known for not pulling any punches, the author explains why GST is a   double-edged sword for the common man, why it will increase inequality across   sectors and regions, why it will hurt small businesses-everything the   government does not want you to know.","brand":"Penguin Random House","offers":[{"title":"Audiobook","offer_id":49326527906096,"sku":"BDex04","price":17.5,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0879\/2784\/9264\/files\/537271-ex04-Square.jpg?v=1733635154","url":"https:\/\/downpour.com\/products\/book-ex04","provider":"Downpour","version":"1.0","type":"link"}