Key Points
The finance minister spoke to Deepshikha Sikarwar, Bodhisatva Ganguli and Vinay Pandey on various issues, including economy, growth, inflation, increasing tax compliance and geopolitics, ahead of the G20 summit in New Delhi..
But in my recent conversations with Sebi, I was glad to hear that from now on, for instance, Sebi intends to put the problem statement out and to put its intent out..
So that's a very big step forward as a regulator and on that I would really appreciate Sebi for having come out so openly to say I'll only give out two things the problem statement and my intent..
Even for the GST, the more confidence that you can give for small units that they are not going to be taxed for what they are not supposed to be paying tax on, we can bring them (into) the fold, more for them to benefit from the GST registration, based on which people will buy their products..
But if there are end-user items coming, which are probably now green shoots where people are producing within India, may not be to the scale that we want, we will have to give them some kind of support..
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