https://www.taxtmi.com/article/detailed?id=1360 The proposed introduction of a Goods and Services Tax faces delay due to state opposition grounded in concerns that the draft centralises fiscal powers and curtails state autonomy. Enactment requires a constitutional amendment with a parliamentary supermajority and approval by a majority of states, making state support decisive. The debate focuses on compensatory mechanisms, allocation of taxing rights, and securing political consensus, with some state leaders endorsing the reform despite short-term revenue concerns. en-us Mon, 18 Jul 2011 18:52:38 +0530 Wed, 04 Feb 2015 19:06:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1360 The proposed introduction of a Goods and Services Tax faces delay due to state opposition grounded in concerns that the draft centralises fiscal powers and curtails state autonomy. Enactment requires a constitutional amendment with a parliamentary supermajority and approval by a majority of states, making state support decisive. The debate focuses on compensatory mechanisms, allocation of taxing rights, and securing political consensus, with some state leaders endorsing the reform despite short-term revenue concerns. Articles Goods and Services Tax - GST Mon, 18 Jul 2011 18:52:38 +0530 https://www.taxtmi.com/article/detailed?id=1360