https://www.taxtmi.com/news?id=18637 GST rollout is presented as a smooth extension of existing indirect taxation, not expected to depress GDP growth, though initial operational hiccups-notably inter state transshipment-require administrative adjustments. Separately, rising non-performing assets have weakened bank profitability and credit flow, prompting reliance on asset reconstruction, selective haircuts to clean bank balance sheets, and enforcement against wilful defaulters to address the twin balance sheet problem. en-us Sat, 12 Aug 2017 09:44:43 +0530 Sat, 12 Aug 2017 09:44:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18637 GST rollout is presented as a smooth extension of existing indirect taxation, not expected to depress GDP growth, though initial operational hiccups-notably inter state transshipment-require administrative adjustments. Separately, rising non-performing assets have weakened bank profitability and credit flow, prompting reliance on asset reconstruction, selective haircuts to clean bank balance sheets, and enforcement against wilful defaulters to address the twin balance sheet problem. News - Sat, 12 Aug 2017 09:44:43 +0530 https://www.taxtmi.com/news?id=18637