Daijiworld Media Network - Bengaluru
Bengaluru, Nov 12: Former Infosys CFO T V Mohandas Pai took on 'babus' for complicating the Goods and Service Tax (GST).
On Sunday, Pai not blaming the government, took to twitter to opine, 'The GST is badly designed by officials'.
"Facts are Facts. People blame IT system forgetting that the tax design is by officials and very closely complex," Pai tweeted.
Pai's tweet was in response to a tweet and article shared by veteran journalist Rajdeep Sardesai, which stressed that government should have given more space for experts
After Pai’s tweet, Rajdeep tweeted back that he was 'glad to see an agreement'.
In September, Pai had shared optimism with finance minister Arun Jaitley’s remarks that the economy would grow at 7%, despite lower GDP growth in Q1, due to pre-GST destocking of goods.
Pai had said India’s growth in future would benefit from creation of one single tax, reduced supply chain costs, increased competition and low inflation and one single national market for the first time.