Will State Election results affect GST?
ASIM Dasgupta, the chief of the Empowered Committee of State Finance Ministers, is no more the Finance Minister of West Bengal. Not only has his party lost the elections, but also he has lost the election to the Legislative Assembly. For the last four years, Dasgupta had been efficiently managing the committee and in association with Union Finance Minister Pranab Da has done tremendous work in taking the cause forward. But now they will have to find a new pilot. Interestingly Asim was defeated by FICCI Secretary General Amit Mitra. Will Mamata Didi make him the Finance Minister and then will he be able to lead the GST team. As a business leader, Mitra should be able to effectively lead the GST team. Politics of taxation is a hard reality!