Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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                            <div align="justify">-Business Standard<br /><br /><em>India studied the Malaysian model before implementing the GST and borrowed the anti-profiteering clause to ensure GST benefits are passed on to the end-consumer by the industry<br /><br />New Delhi: </em>Malaysia deciding to scrap the goods and services tax (GST) on Wednesday, three years after its roll-out, may prompt India to tread with caution over the next few years to stabilise the new indirect tax regime implemented in July last year.<br /><br />Although the development in Malaysia may not have any direct impact on India, experts suggest the government should closely study the Malaysian experience, take &lsquo;necessary precautions&rsquo;, and come up with additional reforms to expand GST in a phased manner.<br /><br />&ldquo;Events unfolding in Malaysia are unprecedented and quite interesting. Rolling back the GST system, which is only three years old there, would be challenging for India as well as businesses. It might be worthwhile for the Government of India to closely study the Malaysian experience and take necessary precautions over the next few years,&rdquo; said Pratik Jain, partner, PwC India.<br /><br />He, however, added that he does not see any impact on the Indian GST. It came in after years of building political consensus, which led to a constitutional amendment as well.<br /><br />&ldquo;The Indian GST is now stabilising, tax base is expanding, inflation is largely under control, and there has hardly been any resistance from businesses,&rdquo; said Jain.<br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/malaysia-scraps-gst-experts-advise-caution-to-indian-govt-118051700090_1.html" title="http://www.business-standard.com/article/economy-policy/malaysia-scraps-gst-experts-advise-caution-to-indian-govt-118051700090_1.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Business Standard<br /><br /><em>India studied the Malaysian model before implementing the GST and borrowed the anti-profiteering clause to ensure GST benefits are passed on to the end-consumer by the industry<br /><br />New Delhi: </em>Malaysia deciding to scrap the goods and services tax (GST) on Wednesday, three years after its roll-out, may prompt India to tread with caution over the next few years to stabilise the new indirect tax regime implemented in July last year.<br /><br />Although the development in Malaysia may not have any direct impact on India, experts suggest the government should closely study the Malaysian experience, take &lsquo;necessary precautions&rsquo;, and come up with additional reforms to expand GST in a phased manner.<br /><br />&ldquo;Events unfolding in Malaysia are unprecedented and quite interesting. Rolling back the GST system, which is only three years old there, would be challenging for India as well as businesses. It might be worthwhile for the Government of India to closely study the Malaysian experience and take necessary precautions over the next few years,&rdquo; said Pratik Jain, partner, PwC India.<br /><br />He, however, added that he does not see any impact on the Indian GST. It came in after years of building political consensus, which led to a constitutional amendment as well.<br /><br />&ldquo;The Indian GST is now stabilising, tax base is expanding, inflation is largely under control, and there has hardly been any resistance from businesses,&rdquo; said Jain.<br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/malaysia-scraps-gst-experts-advise-caution-to-indian-govt-118051700090_1.html" title="http://www.business-standard.com/article/economy-policy/malaysia-scraps-gst-experts-advise-caution-to-indian-govt-118051700090_1.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Business Standard<br /><br /><em>India studied the Malaysian model before implementing the GST and borrowed the anti-profiteering clause to ensure GST benefits are passed on to the end-consumer by the industry<br /><br />New Delhi: </em>Malaysia deciding to scrap the goods and services tax (GST) on Wednesday, three years after its roll-out, may prompt India to tread with caution over the next few years to stabilise the new indirect tax regime implemented in July last year.<br /><br />Although the development in Malaysia may not have any direct impact on India, experts suggest the government should closely study the Malaysian experience, take &lsquo;necessary precautions&rsquo;, and come up with additional reforms to expand GST in a phased manner.<br /><br />&ldquo;Events unfolding in Malaysia are unprecedented and quite interesting. Rolling back the GST system, which is only three years old there, would be challenging for India as well as businesses. It might be worthwhile for the Government of India to closely study the Malaysian experience and take necessary precautions over the next few years,&rdquo; said Pratik Jain, partner, PwC India.<br /><br />He, however, added that he does not see any impact on the Indian GST. It came in after years of building political consensus, which led to a constitutional amendment as well.<br /><br />&ldquo;The Indian GST is now stabilising, tax base is expanding, inflation is largely under control, and there has hardly been any resistance from businesses,&rdquo; said Jain.<br /><br />Please <a href="http://www.business-standard.com/article/economy-policy/malaysia-scraps-gst-experts-advise-caution-to-indian-govt-118051700090_1.html" title="http://www.business-standard.com/article/economy-policy/malaysia-scraps-gst-experts-advise-caution-to-indian-govt-118051700090_1.html">click here</a> to read more. <br /></div>                                                           
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Home हिन्दी

Malaysia scraps GST, experts advise caution to Indian govt -Dilasha Seth

Published on May 18, 2018   Modified on May 18, 2018

-Business Standard India studied the Malaysian model before implementing the GST and borrowed the anti-profiteering clause to ensure GST benefits are passed on to the end-consumer by the industry New Delhi: Malaysia deciding to scrap the goods and services tax (GST) on Wednesday, three years after its roll-out, may prompt India to tread with caution over the next few years to stabilise the new indirect tax regime implemented in July last year. Although the development in Malaysia may not have any direct impact on India, experts suggest the government should closely study the Malaysian experience, take ‘necessary precautions’, and come up with additional reforms to expand GST in a phased manner. “Events unfolding in Malaysia are unprecedented and quite interesting. Rolling back the GST system, which is only three years old there, would be challenging for India as well as businesses. It might be worthwhile for the Government of India to closely study the Malaysian experience and take necessary precautions over the next few years,” said Pratik Jain, partner, PwC India. He, however, added that he does not see any impact on the Indian GST. It came in after years of building political consensus, which led to a constitutional amendment as well. “The Indian GST is now stabilising, tax base is expanding, inflation is largely under control, and there has hardly been any resistance from businesses,” said Jain. Please click here to read more.

Business Standard, 17 May, 2018, http://www.business-standard.com/article/economy-policy/malaysia-scraps-gst-experts-advise-caution-to-indian-govt-118051700090_1.html

Tagged with: tax buoyancy tax collection Goods and Services Tax Goods and Services Tax (GST)

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