'Those who are talking of adopting the Narasimha Rao-Manmohan Singh policy must understand now that what was a reform then is no longer a reform now,' argues Sukumar Mukhopadhyay who was associated with the 1991 economic reforms.

If the government tries to bring in real estate under GST now, it will be a typical case of biting more than what one can chew, says Sukumar Mukhopadhyay.

The biggest achievement of demonetisation is that it has brought about a social revolution against black money and corruption, says Sukumar Mukhopadhyay.

It has always been accepted in various apex court rulings that economic policy is not justiciable. It can intervene only if the legislation is seen to violate fundamental rights says Sukumar Mukhopadhyay.

It is important to clarify that availing of an exemption is neither evasion nor tax planning.

Pushing people to litigation is a major source of tax uncertainty.

The Congress filed a dissent note on eight provisions.

Despite finance minister's assurance, tax officials seem reluctant to take steps for tackling issues at stake

Simplicity will make the Budget investment-friendly

The benefits are common in many cases, but are also different in some other respects.

GST necessarily includes service tax, but VAT can only be on goods without including service tax