Dr Sacchidananda Mukherjee

Dr. Sacchidananda Mukherjee, an esteemed economist at the National Institute of Public Finance and Policy, delves into the evolution of the Goods and Services Tax (GST). He discusses the recent shift to a two-rate system aimed at enhancing purchasing power and stimulating domestic consumption. Mukherjee analyzes potential challenges like the exclusion of items from GST and its impact on businesses’ ability to pass benefits to consumers. He also touches on the balance between state revenues and growth, highlighting the ongoing debates about tax progressivity and compliance.