BANGALORE -- When Indian Prime Minister Narendra Modi's government unveiled its Goods and Services Tax in 2017, it was called the country's biggest and most significant tax reform since independence in 1947.
Pandemic starves Delhi of GST cash, leaving states with big budget hole
Indian Prime Minister Narendra Modi marks during Independence Day celebrations in Delhi on Aug. 15: A shortfall in the Goods and Services Tax has left states starved of cash. © Reuters
BANGALORE -- When Indian Prime Minister Narendra Modi's government unveiled its Goods and Services Tax in 2017, it was called the country's biggest and most significant tax reform since independence in 1947.