With rate rationalisation largely behind it, the next phase of GST reform will be judged by whether it can reduce compliance friction, limit discretionary intervention and make the tax system more predictable for businesses

Much before the BRICS spotlight fell on him, economic and multilateral diplomacy were an important part of his career, including Nepal and Bhutan portfolios at the MEA, and stints in the WTO and the US

UPI fee means higher costs for India, major gains for US firms. An independently audited funding model should be established, and contributions should reflect the benefits received by banks, NPCI, payment apps, and the government