"Party's over" for millions, as India launches biggest-ever tax reform


  • World
  • Thursday, 29 Jun 2017

Labourers sit next to a banner after a protest against the implementation of the goods and services tax (GST) on textiles, in the old quarters of Delhi, India June 29, 2017. The banner reads “Remove GST – save business”. REUTERS/Adnan Abidi

NEW DELHI (Reuters) - Rakesh Sachdeva sells auto parts in a busy market in central Delhi, just a few miles from Prime Minister Narendra Modi's office. Yet despite having a flourishing business he does not pay any tax.

Until now, his rundown premises and small scale operation has kept the business below the radar of India's tax officials. Come July 1, however, "the party will be over", says the 51-year-old, with a resigned shrug.

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