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GST Council

GST Council to discuss compensation cess on Monday

The last meeting of the Council a week back did not result in any consensus among the states as although around 20 states opted for the first among the two options offered by the Union Government, 10 states and Union Territories stayed put on their stand that they would not borrow in lieu of the compensation cess.

Being simple

A reason for most laws being exceedingly complex is that laws are drafted by legal experts who revel in complexity; most Acts have accompanying Rules and Circulars/ Notifications, with all the three required to be read together. Rarely is a law enacted in simple language that is comprehensible to the layperson